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ASX 200 live: Myer results; Hanwha 'wildly mistaken': Austal chair; WiseTech founder Richard White's conduct 'unacceptable'

MinRes faces more bumps on Onslow haul road. Myer's challenges continue as costs rise. 'Value destructive': Rio dismisses unification push. Hanwha 'wildly mistaken' on new move: Austal chair. 

Geopolitical tensions and trade wars are keeping equity markets jittery. Picture: David Swift
Geopolitical tensions and trade wars are keeping equity markets jittery. Picture: David Swift

Welcome to the Trading Day blog for Wednesday, March 19. The ASX 200 closed 0.4 per cent lower to 7828.30 points before the US Federal Reserve's rates decision on Thursday AEDT.

Geopolitical tensions kept Wall Street jittery in its latest session. The S&P 500 and tech-heavy Nasdaq indexes closed 1 per cent and 1.7 per cent lower, respectively, while the Dow Jones index shed more than 250 points, or 0.6 per cent.

Cryptocurrency giant bitcoin is above $US83,000.

The Aussie dollar is trading around US63.58c.

Originally published as ASX 200 live: Myer results; Hanwha 'wildly mistaken': Austal chair; WiseTech founder Richard White's conduct 'unacceptable'

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Original URL: https://www.themercury.com.au/business/companies/asx-200-live-all-the-latest-business-results-updates-and-economic-news/live-coverage/b9dc769fd5f42edfcd0383b445facde4