Thanks @shovel40, @Fiji1 and morning crew.
The share market struggled to retain early gains, fading towards a second straight weekly loss as the odds lifted on another rate hike next week.
By the halfway mark, the ASX 200 had slashed an opening advance of 55 points to 19 points or 0.27%. The market trimmed its gain after ANZ raised its interest rate target to 4.35%, implying two more rate hikes, and as the odds on an increase next week edged up to 42%.
This morning's retrace dragged the index back into the red for the week. Mid-session, the ASX 200 was down around 25 points since Monday.
US stocks have outperformed the ASX in recent weeks as markets priced in a possible rates pause this month. The S&P 500 and Nasdaq closed at nine-month highs this morning.Personal trading: Sold a few TSI acquired earlier in the week near the day's peak. Otherwise, a slow morning.
