ASX 200 up; Woodside leads energy surge; Ampol up; Northern Star falls
Rio down as iron operations track stability. Fortescue shares fall on ratings cut. Ampol lifts despite earnings decline. Northern Star tanks.
Welcome to the Trading Day blog for Wednesday, July 19. The ASX 200 closed up 0.5 per cent to 7323.70.
The Aussie dollar is near US67.88c.
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ASX 200 trims falls as Trump, Asian markets await China response
The ASX 200 trimmed a big intraday fall as US stock index futures and US Treasuries reversed early losses. Asian stocks are mixed with the Nikkei 225 down 3 per cent and the Hang Seng index turning up 1.3 per cent. Xi Jinping will visit Vietnam, Malaysia and Cambodia next week for a response to Trump's 145 per cent tariff war.
ASX recovers $116bn in best day since June 2020
Technology and mining stocks lead surge on local bourse. US futures point down after Wall Street's historic session as Chinese leaders meet to respond to Trump's 125 per cent hit.
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