By Oliver Gray
Investing.com - The S&P/ASX 200 fell 43.9 points or 0.6% to 7446.2 during Thursday’s morning deals, extending losses of 0.5% in the previous session as market participants tracked a retreated on Wall Street overnight following the release of the Fed’s meeting minutes.
ASX 200 Futures were pointing 0.4% lower.
Among stocks, Information Technology fell 2.8% with Block Inc (ASX:SQ2) down 4.1%, Appen Ltd (ASX:APX) dipping 1.5%, Novonix Ltd (ASX:NVX) falling 4.1% and Wisetech Global Ltd (ASX:WTC) down 3.9%.
Financials were hit as Macquarie Group Ltd (ASX:MQG) fell 1.8%, Australia and New Zealand Banking Group Ltd (ASX:ANZ) lost 1%, National Australia Bank Ltd (ASX:NAB) fell 0.8%, Westpac Banking Corp (ASX:WBC) lost 0.7% and Commonwealth Bank Of Australia (ASX:CBA) dipped 0.9%.
Consumer Discretionary also lost 0.8% as JB Hi-Fi Ltd (ASX:JBH) fell 1.3%, Aristocrat Leisure Ltd (ASX:ALL) lost 2% and Tabcorp Holdings Ltd (ASX:TAH) fell 0.9%.
On the bond markets, Australia 10-Year rates were at 2.893% while United States 10-Year yields were at 2.566%.
In New Zealand, the NZX 50 lost 0.6% to 12,011.