A credit rating downgrade of the US hurt the Australian share market, but how significant is it for investors?

MARKET WRAP:
ASX200: up 0.58%, 8343
GOLD: $3,229 US/ounce
BITCOIN: $163,965 AUD
Technology One, which posted a 33% increase in profit to $81.9 million, shares up 11.3% to $36.76.
Wistech rising 2.7% and Life360 up 1.6%.
Commbank again hitting fresh highs at $172.43.
Wesfarmers, Goodman Group and Telstra all finished higher.
Regis Resources down 1.1% to $4.55.
Utilities stocks were lower again, with Origin, APA Group and AGL all down.
Falling by more than 1% were Northern Star, Resmed and Fisher & Paykel Healthcare.

CURRENCY UPDATE:
AUD/USD: 64.2
AUD/GBP: 48 pence
AUD/EUR: 57 Euro cents
AUD/JPY: 93 yen
AUD/NZD: 1.09 Dollars

A credit rating downgrade of the US hurt the Australian share market, but how significant is it for investors?
MARKET WRAP:
<ul>
<li aria-level="1">ASX200: up 0.58%, 8343</li>
<li aria-level="1">GOLD: $3,229 US/ounce</li>
<li aria-level="1">BITCOIN: $163,965 AUD</li>
<li aria-level="1">Technology One, which posted a 33% increase in profit to $81.9 million, shares up 11.3% to $36.76.</li>
<li aria-level="1">Wistech rising 2.7% and Life360 up 1.6%.</li>
<li aria-level="1">Commbank again hitting fresh highs at $172.43.</li>
<li aria-level="1">Wesfarmers, Goodman Group and Telstra all finished higher.</li>
<li aria-level="1">Regis Resources down 1.1% to $4.55.</li>
<li aria-level="1">Utilities stocks were lower again, with Origin, APA Group and AGL all down.</li>
<li aria-level="1">Falling by more than 1% were Northern Star, Resmed and Fisher &amp; Paykel Healthcare.</li>
</ul>
CURRENCY UPDATE:
<ul>
<li aria-level="1">AUD/USD: 64.2</li>
<li aria-level="1">AUD/GBP: 48 pence</li>
<li aria-level="1">AUD/EUR: 57 Euro cents</li>
<li aria-level="1">AUD/JPY: 93 yen</li>
<li aria-level="1">AUD/NZD: 1.09 Dollars</li>
</ul>

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Money News &mdash; the most respected business program on radio.
If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>