Half-time wrap:
The share market trimmed three days of strong gains as declines in resource stocks outweighed gains in most other sectors.
The ASX 200 eased seven points or 0.08% from yesterday's record close. Mining giants Rio Tinto and BHP were the biggest drag as iron ore dropped 0.5% in China this morning. Rio reported today a 2% dip in ore volumes across the first half, compared to the same period last year.
Gains in most of the major banks, supermarkets and Goodman Group helped cushion the market from a deeper fall.
US stocks rose overnight as investors bet on rate cuts and a second Trump presidency. The S&P 500 firmed 0.28% but finished some way shy of its intraday high.
Personal trading: Been one of those mornings when I constantly felt on the verge of a good trade, only for the price action to veer away before I got a hit. Finally took DRO. And then some more DRO. And then some more DRO. Gulp.
