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