The COB from ausbiz

The S&P/ASX200 has closed up 0.5%, led by strong updates from the iron ore triumvirate


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The S&P/ASX200 has closed up 0.5%, led by strong updates from the iron ore triumvirate. BHP's share price hitting new highs, Fortescue's bank account hitting new highs and Rio Tinto's shareholders sharing a record $12.4 billion in interim dividends. Elsewhere Wall Street was mixed, as confused Americans were further confused by a confounded Fed and Chinese officials soothed irritated markets with a familiar mix of assurances and threats - the Hang Seng - knowing what's good for it, reclaiming around 2.8%.

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