By Oliver Gray
Investing.com - The S&P/ASX 200 eased 21.7 points or 0.3% to 6,665.4 after the first hour of Tuesday’s trade, following gains of 1.2% in the previous session as market participants tracked a negative close on Wall Street overnight while awaiting the upcoming release of the RBA’s latest meeting minutes.
ASX 200 Futures were pointing 0.2% higher.
Among stocks, Information Technology led losses, down 2% as Block Inc (ASX:SQ2) dipped 2.1%, Appen Ltd (ASX:APX) lost 2.8%, Xero Ltd (ASX:XRO) fell 3.5%, Wisetech Global Ltd (ASX:WTC) dipped 4.2%, Novonix Ltd (ASX:NVX) lost 1.4% and Brainchip Holdings Ltd (ASX:BRN) declined 1%.
Real Estate companies fell 1.1% with Mirvac Group (ASX:MGR) down 0.5%, Goodman Group (ASX:GMG) falling 1.2% and Charter Hall Group (ASX:CHC) dipping 1.1%.
Financials were down 0.5% overall, with Macquarie Group Ltd (ASX:MQG) losing 1.6%, Commonwealth Bank Of Australia (ASX:CBA) down 0.1%, Westpac Banking Corp (ASX:WBC) losing 0.4% and Westpac Banking Corp (ASX:WBC) down 0.4%.
Meanwhile, Energy gained 3.4% as Woodside Energy Ltd (ASX:WDS) added 3.9%, Santos Ltd (ASX:STO) gained 3%, Beach Energy Ltd (ASX:BPT) added 4.1% and Viva Energy Group Ltd (ASX:VEA) lifted 1.2%.
Materials also added 0.3% with Rio Tinto Ltd (ASX:RIO) up 1.6%, BHP Billiton Ltd (ASX:BHP) increasing 1.9%, Fortescue Metals Group Ltd (ASX:FMG) adding 2.3% and Champion Iron Ltd (ASX:CIA) up 2.1%.
On the bond markets, Australia 10-Year rates were at 3.507% while United States 10-Year yields were at 2.976%.
In New Zealand, the NZX 50 fell 0.4% to 11,119.5.