Afternoon trading April 3

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

Australian shares fell for a second day, mirroring a similar down-shift on Wall Street as rising bond yields signalled growing doubts about the outlook for interest rate cuts.

The ASX 200 slumped 97 points or 1.23% by mid-session. Tech and rate-sensitive property stocks led the retreat. Energy producers and utilities rallied.

US stocks fell overnight as broadly positive economic data and pushback from central bank officials exacerbated questions over the timing and scale of any rate cuts this year. The S&P 500 dropped 0.72%.


Personal trading: Slim profit from MCL from yesterday. Missed the low in PME but took CCP and CHC for any partial recoveries.