Technology stocks enjoyed another day in positive territory on Wednesday after a horror first half year as commodity and bond prices flashed warnings about a potentially looming recession. ............ Most of that is being driven on the shifting narrative from inflation risk to recession risk ............. Despite gains across most sectors of the market, led also by REITs, the S&P/ASX 200 ended a wild day in the red, pulled lower by declines of the mining giants BHP and Woodside. Gold miners also fell amid a retreat in commodity and iron ore prices. ............ Mr Rundell put the declines down to big falls in oil and commodity prices with recession anxiety hobbling demand for raw materials. ........... “Growth concerns are filtering through to commodities and resources in general.” .........
CHM Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
