Day traders' weekend lounge April 12 - 14

Thanks afternoon crew. Have a great weekend, all.

End-of-day summary:

Aussie shares avoided back-to-back weekly losses despite a second day of falls as inflation data continued to cause sharp swings on financial markets.

The ASX 200 dropped 25.5 points or 0.33% this afternoon as gains in gold miners, utilities and tech stocks were outweighed by declines in the wider resources space, banks, supermarkets and telcos.

The Australian benchmark clung on to a slender weekly advance, thanks to gains through the front half of the week. The index inched up 15 points or 0.19%.

Investor optimism about pending interest rate cuts was dented this week by signs that the US Federal Reserve's war on inflation was not over. However, tech stocks led a rebound overnight after March wholesale inflation data came in weaker than feared. The Nasdaq Composite rebounded 1.68% to an all-time closing high.