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ASX 200: Qantas closing Jetstar Asia; CBA, ASX hits records; US, China agree to get Geneva pact back on track

ASX ends flat after record high. CBA falls after record high. Qantas down after decision to close Jetstar Asia. Zip, Fletcher Building top gainers.  US, China  trade negotiators reach 'framework' for Geneva agreement. US appeals court extends Trump tariff win.

Australia's largest lender, the Commonwealth Bank of Australia, has seen its valuation skyrocket in recent ASX trading. Picture: Brent Lewin/Bloomberg
Australia's largest lender, the Commonwealth Bank of Australia, has seen its valuation skyrocket in recent ASX trading. Picture: Brent Lewin/Bloomberg

That's all from the Trading Day blog for Wednesday, June 11. The ASX 200 index closed just 4.9 points higher at 8592.1 after hitting an all-time high of 8639.1 points around open. US futures weighed on the ASX. S&P 500 futures were down about 0.3 per cent. 

 

On Wall Street, the S&P 500 index and the tech-focused Nasdaq index closed 0.6 per cent higher, respectively, while the Dow Jones index closed with a gain of 0.3 per cent.

Cryptocurrency giant bitcoin is around $US109,700.

The Aussie dollar is trading around US65.10c.

Originally published as ASX 200: Qantas closing Jetstar Asia; CBA, ASX hits records; US, China agree to get Geneva pact back on track

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Original URL: https://www.themercury.com.au/business/markets/asx-200-live-all-the-latest-us-china-trump-musk-updates-business-results-and-economic-news/live-coverage/3bbb4c39c7ae24cec7b87920e5554e56