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US-EU lock in trade deal; WiseTech picks Zubin Appoo as CEO; Boss Energy tanks 40pc

US-EU tariff deal lifts Wall Street, Euro futures, signalling strong start to trading week. Boss Energy guidance weighs as share price hits 2022 lows. WiseTech shares up on internal pick for top job. Tamboran's sudden CEO exit. 

News of the US-EU trade deal will be music to the ears of most investors before US President Donald Trump's August 1 deadline. Picture: Gaye Gerard
News of the US-EU trade deal will be music to the ears of most investors before US President Donald Trump's August 1 deadline. Picture: Gaye Gerard

That's all from the Trading Day blog for Monday, July 28. The ASX 200 index closed up 0.4 per cent at 8697.7 points in a broad-based rise as US and European stock futures jump on news of a US-EU trade deal.

Wall Street closed in the green on Friday. The S&P 500 index gained 0.4 per cent to close at an all-time high for the ninth time in July, the most since August 2021. The Nasdaq Composite’s 0.2 per cent gain notched its 13th record close this month, marking its biggest monthly tally in almost five years. The Dow gained 0.5 per cent, or 208 points.

Cryptocurrency giant bitcoin is near $US119,300.

The Aussie dollar is trading around US65.67c.

Originally published as US-EU lock in trade deal; WiseTech picks Zubin Appoo as CEO; Boss Energy tanks 40pc

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Original URL: https://www.thechronicle.com.au/business/markets/asx-200-live-all-the-latest-trump-tariffs-eu-trade-deal-updates-business-results-updates-and-economic-news/live-coverage/f1b25618e4b1dd8c45d17620e4c26ded