Thanks afternoon crew. Had to work a lot harder for a lot less this week. Let's hope spec world stabilises next week. (The XEC - Emerging Companies Index - ended the week on a six-session losing run.) Have a good weekend, all.
End-of-day summary:
The share market ended a choppy week near where it started after another round of US trade tariffs helped strip away gains from earlier in the week.
The ASX 200 slumped 81 points or 0.82% on Friday afternoon to 8662. The fall sent the index five points or less than 0.1% into the red for the week.
Friday's sell-off followed a White House announcement that the US was hiking its tariff on Canada from 25% to 35% and slapping a number of trading partners with tariffs well above the previously-announced baseline 10%. S&P 500 futures declined 0.22% following a mixed reaction to after-hours earnings from Apple and Amazon.
CSL, Macquarie Group and CBA were the biggest heavyweight drags. The tech healthcare and communications sectors fell hardest. The materials sector's losing run extended into a seventh session with a loss of 0.22%. Utilities offered a haven.
