Afternoon trading July 6

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

Aussie shares sank for a second day as resource stocks led a broad sell-off.

The ASX 200 declined 77 points or 1.06% by mid-session. The heavily-weighted materials sector shed 1.8% following soft Chinese economic data yesterday. Banking and consumer stocks were also notably weak.

Today's retreat followed a downbeat return to trade in the US overnight, where the major indices retreated during the first full session of a holiday-affected week. S&P 500 futures traded lower this morning, falling 0.15%.

Personal trading: Took PGY for a pip from support. Also traded BHP and ARB for quick scalps.