S&P 500 : -0.2% to 5,465 pointsEuroStoxx : -0.7% to 515 pointsIron ore : -1.6% to $US105.00/tonneLive updates on the major ASX indices:The ASX 200 has followed Wall Street 's lead lower, slipping 0.2% on opening.
Food and fuel prices should have moderated, while education and health generally don't have much impact in May. Underlying statutory profit – stripping out one-off items – was down more than 8% to $282.3 million, on slightly higher revenue to $18.2 billion … a revenue stream that takes Metcash over the $10 billion threshold to be included in the new Food and Grocery Code of Conduct.
Sydney's auction clearance rate was 63% compared to the monthly average of 66%, while Melbourne was down to to 61% compared to the norm of around 67%.
Source: News Formal (newsformal.com)
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