By Oliver Gray
Investing.com - The S&P/ASX 200 finished Monday’s session down 12.1 points or 0.2% to 7,481.7, following gains of 0.6% in the previous week as investors braced for a heavy week of economic data as well as earnings results from local and U.S. companies.
Among stocks, Information Technology led the advance, up 2.3% as Block Inc (ASX:SQ2) added 4.2%, Appen Ltd (ASX:APX) gained 2.7%, Megaport Ltd (ASX:MP1) lifted 3.1% and Xero Ltd (ASX:XRO) gained 3.1%
Real estate added 0.9% with Mirvac Group (ASX:MGR) up 0.6%, Goodman Group (ASX:GMG) adding 0.9% and Charter Hall Group (ASX:CHC) lifting 2.9%.
Materials fell 0.4%, with Rio Tinto Ltd (ASX:RIO) down 1.2%, BHP Group Ltd (ASX:BHP) falling 0.5%, Fortescue Metals Group Ltd (ASX:FMG) slipping 1.2% and Champion Iron Ltd (ASX:CIA) shedding 6.6%.
Health Care lost 0.7% with CSL Ltd (ASX:CSL) down 0.7%, Ramsay Health Care Ltd (ASX:RHC) falling 0.3% and Resmed Inc (ASX:RMD) down 6.5%.
On the bond markets, Australia 10-Year rates were at 3.558% while United States 10-Year yields were at 3.503%.
In New Zealand, the NZX 50 finished flat at 12,034.2.