By Oliver Gray
Investing.com - The S&P/ASX 200 dipped 0.25% on Friday, extending losses of 0.54% in the previous session as risk sentiment soured following deadly terror attacks at the Kabul airport in Afghanistan, while investors also remained cautious ahead of the Federal Reserve’s two-day conference in Jackson Hole.
On the coronavirus front, New South Wales reported 882 cases today, easing from a record 1029 yesterday. Victoria record 79 new cases as infections continue to spread throughout regional areas as officials deployed additional ADF troops to Shepparton to provide support amid supply chain issues as thousands of residents remain in isolation.
Among stocks, Wesfarmers Ltd (ASX:WES) fell 2.24% despite surprising investors with better than expected results. Lynas Rare Earths Ltd (ASX:LYC) dipped 4.05% after reporting results amid soaring rare earth prices and tough cost controls.
In New Zealand, the NZX 50 moved 11.1 points or 0.09% higher to 13062.72.