Afternoon trading March 22

Thanks @shovel40, @Fiji1 and morning crew. Belated thanks also to @just browsing for opening last night's lounge - much appreciated.

Half-time wrap:

The share market surrendered some of its gains for the week as another round of record closes on Wall Street failed to dissuade sellers from taking some profits.

The ASX 200 softened 39 points or 0.5% by mid-session. Energy producers, gold miners and banks were amongst the major drags. Gains for Woolworths, CSL and Fisher & Paykel Healthcare helped cushion the fall.

Today's decline pared back the index's advance for the week to 73 points or 0.95%.

Wall Street's major benchmarks reset their highs overnight following Wednesday's signal from the Federal Reserve that up to three interest rate cuts remain on the table this year despite stubbornly high inflation. The S&P 500 gained 0.32%.


Personal trading: Didn't come up with much. Took CAI at the CR price.