Thanks @shovel40, @Fiji1 and morning crew.
Half-time wrap:
Aussie shares fell for a third day after the US Federal Reserve signalled additional interest rate hikes were not impossible amid recent signs that inflation has stalled above target.
The ASX 200 slumped 44 points or 0.56%. Declines in resource stocks, banks and REITs comprehensively outweighed gains in other sectors.
The recent run-up in commodity price stuttered overnight after the minutes from this month's Fed meeting showed several officials felt further rate hikes could be appropriate if inflation did not resume its downtrend. The report fuelled a rally in the US dollar, denting demand for dollar-denominated commodities and pushing the Dow down 0.51% and the S&P 500 by 0.27%.
Today's ASX fall might have been deeper if not for positive signs from US futures after Nvidia obliterated earnings expectations when it reported Q1 results following the close of regular US trade this morning. S&P 500 futures bounced 0.37%.
Personal trading: Had fielders positioned all over the park, ready to catch those sweet falling shares, but only a couple came my way: AW1 and AML.
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