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ASX 200 live: ASX 200 up jobs growth beats forecast; Zip rises; lower US core CPI boosts markets; Rio's flat Pilbara result
Jobless rate ticks up to 4 per cent but 56,000 jobs boost. Rio rises after 'good finish' to 2024. Zip jumps after Sezzle earnings upgrade. Star edges up. Softer US core inflation boosts equity sentiment.
Welcome to the Trading Day blog for Thursday, January 16. The ASX 200 index is up 1.3 per cent to 8321.10 points at 1.55pm AEDT with banks, tech and property stocks gaining strongly.
On Wall Street, the S&P 500 index rose 1.8 per cent, the technology-focused Nasdaq index gained 2.5 per cent and the Dow Jones lifted more than 700 points, or 1.7 per cent after softer US core inflation revived rate cut bets and as big banks hauled in fourth quarter profits.
Bitcoin is back below $US100,000.
The Aussie dollar is trading around US62.14c.
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Originally published as ASX 200 live: ASX 200 up jobs growth beats forecast; Zip rises; lower US core CPI boosts markets; Rio's flat Pilbara result
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