Thanks Oscar and morning crew. Welcome back, Cleo. Half-time...

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    Thanks Oscar and morning crew. Welcome back, Cleo.


    Half-time round-up:

    Shares hovered near break-even this morning as gains in resource stocks were offset by falls in traditional defensives and consumer stocks.

    The ASX 200 traded both sides of the red line before reaching the halfway mark four points or 0.1% ahead at 5998. Earlier the market ticked as high as traders picked up metals & mining +0.5%, gold +0.4%, energy +0.4% and financials +0.25%. The rally faltered as consumer discretionary stocks lost 0.5%, health 0.3%, consumer staples 0.4% and utilities 0.3%.

    The market struggled to build on positive leads from Wall Street on Friday, where the S&P 500 put on 0.55% after the November US jobs report beat expectations. S&P 500 futures were recently up 1.75 points or 0.07%.

    Over in Asia, China's Shanghai Composite put on 0.17% and Hong Kong's Hang Seng 0.47%. Japan's Nikkei was down 0.02%.

    Crude oil futures slid 24 cents or 0.42% this morning to US$57.12 a barrel. Gold futures edged up $1.60 or 0.13% to US$1,250 an ounce. The dollar was buying 75.18 US cents.


    Trading: still plenty of spec action as we coast towards the end of the year and the traditional holiday slowdown. Perhaps this year will be different. Be tragic if the heat goes out of this spec market. Last few weeks have been the most fun in years. Clipped tickets this morning in EVE, RFG, SGC and KNM.
 
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