Half-time wrap:
The share market sagged towards its fifth loss in six sessions following Wall Street's worst week since March.
The ASX 200 dropped 18 points or 0.26% to 7051. A close around that level would be the weakest since mid-July. On Friday, the index plumbed a six-month low before recovering to its first gain of the week.
Gains today in consumer, tech and utility stocks were outweighed by declines among the heavily-weighted miners and banks.
Global markets came under heavy selling pressure last week after the US Federal Reserve signalled rates may go higher this year and stay there for longer before any relief next year. The news disappointed investors betting on no more hikes and up to four cuts next year. The S&P 500 lost 2.9% across the week.
Personal trading: Didn't see a lot to catch the eye this morning. I liked where XRF was sitting, but not the weight of selling. Watching OZM and STA. Trying to limit my Monday trading to "sure things" (as if such things exist...)
