Thanks afternoon crew.
End-of-day brief:
Energy stocks resisted the downtrend during a negative session on the ASX as crude oil's highest price since November resurrected inflation fears.
The ASX 200 dropped 57 points or 0.78% following overnight weakness on Wall Street.
Energy was the only sector to advance, climbing almost 1% after Saudi Arabia and Russia extended oil production cuts through to the end of the year. That decision raised the prospect of additional rate hikes in western countries to contain inflationary pressures.
Consumer stocks, rate-sensitive tech stocks and industrials were among the day's biggest drags.
