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ASX 200 lifts as CBA hits another record; ANZ profit misses expectations; Block raises guidance after revenue miss; US Fed, BoE cut rates

Super fund HESTA demands early exit for MinRes CEO Chris Ellison as partner Albemarle ramps up pressure. Scandal-hit ANZ's cash profit drops. Cuscal kicks off $336.8m IPO roadshow. Block down on revenue miss.

Results and economic commentary related to US President-elect Donald Trump's policies are underpinning global equity market sentiment. Picture: Damian Shaw
Results and economic commentary related to US President-elect Donald Trump's policies are underpinning global equity market sentiment. Picture: Damian Shaw

Welcome to the Trading Day blog for Friday, November 8. The ASX 200 index closed 0.8 per cent higher to 8295.10 points. On Wall Street, the S&P and Nasdaq indexes hit records while the Dow Jones closed flat.

The Aussie dollar is higher around US66.54c at 5.05pm AEDT.

Originally published as ASX 200 lifts as CBA hits another record; ANZ profit misses expectations; Block raises guidance after revenue miss; US Fed, BoE cut rates

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Original URL: https://www.themercury.com.au/business/companies/asx-200-to-rise-amid-anz-results-focus-us-fed-boe-cut-interest-rates/live-coverage/430a70c2ec856bb3e0c20716e05d2621