ASX 200 ends up after US House votes to lift debt ceiling; Paladin, gold miners rally
Bourse rebounds from biggest one-day fall in three months. Paladin rebounds from Namibia concerns. BHP to backpay $US280m to staff. Capex data beats estimate.
Welcome to the Trading Day blog for Thursday, June 1. The Australian sharemarket has rebounded from its one-day fall in three weeks after the US House voted to formally lift the debt ceiling ahead of Monday's deadline.
The S&P/ASX 200 index closed up 0.3 per cent to 7110.80.
Wall Street is set for a subdued opening after House voted to lift the debt ceiling with futures tied to the Dow Jones, S&P 500 and Nasdaq little changed.
The dollar was buying US65.10c at the close.
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