Half-time wrap:
The share market slid to a three-week low after weaker-than-expected US jobs growth sealed Wall Street's worst week since March 2023.
The ASX 200 briefly skidded 95 points before paring its fall to 55 points or 0.69% mid-session. Banks, gold miners and retailers were amongst the hardest-hit by a pullback that encompassed all sectors except REITs and utilities.
Index heavyweights BHP, Fortescue Metals and Coles dodged the bullet. The index's best were ARB Corporation, Liontown Resources and Lynas Rare Earths.
US stocks sank on Friday after August employment grew by less than expected, an unwelcome reminder that this month's much-anticipated interest rate cut may come too late to avert a significant economic slowdown. The S&P 500 declined 1.73% on the day for a weekly loss of 4.3%.
Personal trading: Used the weekend to set some likely retrace levels for possible entries this session. Got me into HMC, which bounced reasonably well, and AUB, which didn't. Ahead on balance, but not a huge success.
