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Trading Day: ASX ends down 0.3% in choppy trading after a late bounce

Australia's share market closed down 0.3% after a late bounce with banks and CSL continuing to drag on the market 

Covid restrictions in Sydney have undermined sentiment on the ASX. Picture: AAP
Covid restrictions in Sydney have undermined sentiment on the ASX. Picture: AAP

Welcome to the Trading Day blog for Thursday, June 24. Australian stocks start to rebound after slipping amid Sydney lockdown concerns. Woolworths sinks on Endeavour spin-off but iron ore miners  outperform. 

The Dow ended down 0.2 per cent, the S&P 500 edged 0.1 per cent lower and the Nasdaq finished 0.1 per cent higher. Eurozone stocks fell after a report showed the economy booming, reinforcing interest rate hike fears there. Iron ore and oil extended gains.

Read related topics:ASXCslWoolworths
David Rogers
David RogersMarkets Editor

David Rogers began writing about financial markets in 1987. He has worked for Standard & Poor's, Thomson Financial, BridgeNews, Tolhurst Noall, Dow Jones Newswires and The Wall Street Journal. David has extensive real-time reporting experience in economics, foreign exchange, equities, commodities and bonds.

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Original URL: https://www.theaustralian.com.au/business/trading-day/trading-day-asx-set-to-slip-as-wall-street-wavers/live-coverage/b41b74b87f13054438f961efb740e7fa