Trading Day: S&P/ASX falls for the first time in 6 days, Challenger sinks on profit warning, Latitude up on debut
ASX falls for the first time in six days. Super funds tracking a double-digit return. Latitude gains on IPO.
Welcome to the Trading Day blog for Tuesday, April 20. The ASX200 fell for the first time in six days as offshore weakness and higher bond yields weighed on sentiment
Earlier tech stocks led Wall Street down, backing away from records set last week. The Dow closed down 0.4 per cent, the S&P 500 lost 0.5 per cent and the Nasdaq declined 1 per cent. European markets ended mostly lower and Bitcoin steadied after tumbling over the weekend.
Locally, the RBA released the latest board meeting minutes. Super funds are tracking a double-digit return in FY21, according to Chant West.
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