Live: ASX 200 trims falls as banks recover
Local stocks trim falls as banks recover. The S&P/ASX 200 ends down 0.2 per cent. Super fund returns up in April, but inflation a challenge. Macquarie buys REST's Endeavour stake. Consumer spending, retail sales fall as expected.
Welcome to the Trading Day blog for Tuesday, May 9. The ASX 200 index is trading in the red. Super fund returns up in April, but inflation a challenge. Macquarie buys REST's Endeavour stake. Consumer spending, retail sales fall as expected.
The ASX 200 index ends down 0.2 per cent lower at 7264.1 points in quiet trading before the Budget.
On Wall Street, the S&P 500 closed 0.1 per cent higher, the technology-focused Nasdaq Composite index gained 0.2 per cent but the Dow Jones Industrial Average closed 0.2 per cent lower.
The Aussie dollar is near US67.76c.
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