ASX 200 falls, enters technical correction; retail data adds to rate hike case
ASX 200 now down 10.4 per cent from February peak. Retail sales beat estimates. Qantas to fight ACCC 'ghost flight' case. Bell Rock sells 35 million Whitehaven shares. Tietto jumps. Star Entertainment, IGO drop.
Welcome to the Trading Day blog for Monday, October 30. The ASX 200 index closed 0.8 per cent lower at 6772.90 points, a new 12-month low.
The Aussie dollar is near US63.52c.
ASX 200 rises; RBA rate cut hopes dim on labour resilience
August jobless rate steady at 4.2 per cent with 47,500 more employed. US Fed's jumbo rate cut ramps up RBA pressure. ALS cuts profit guidance. Sims soars on 'good start' to FY25. Orica second-half slightly better than forecast.
ASX flat after choppy session ahead of US Fed rate call
PolyNovo director pockets near-$2m in selloff. 'Misalignment' between Labor and business risky: KPMG. Harvey Norman sued over alleged worthless warranties. Woodside sets up decade of LNG supply to Japan.