Thanks @shovel40, @Fiji1 and morning crew.
Half-time wrap:
Australian shares retreated further from a three-month high as the local tech sector reacted to the Nasdaq's worst night in four months.
The ASX 200 slid 21 points or 0.29% by mid-session. The high-flying tech sector was the biggest drag, tumbling 2.6% from yesterday's 18-month high after poorly-received trading updates from Netflix and Tesla dragged the Nasdaq down more than 2% overnight. The results raised questions about valuations following a rally that has lifted the tech-heavy US index 34.4% this year.
Defensive sectors fared better. Consumer staples, utilities and healthcare were all higher, along with energy. Mining and bank stocks were underwater.
Today's retreat left the local share benchmark broadly flat for the week. The ASX 200 started the week at 7303 and traded as high as 7383 yesterday before unexpectedly strong jobs figures triggered a reversal as the odds on a rate hike next month lurched higher.Personal trading: Missed PEC, damn it. Maybe the best opportunity this week. Turgid pip from KTA. Got another on the go (slow), but too thinly traded to mention here. Not going to be life-changing - just a subsistence trade.
