By Oliver Gray
Investing.com - The S&P/ASX 200 fell 20.3 points or 0.3% to 7,131 during Tuesday’s trade, snapping four sessions of consecutive gain as as risk sentiment waned ahead of a closely watched speech from Federal Reserve chairman Jerome Powell later in the session.
Among stocks, Materials and Industrials led declines, with Rio Tinto Ltd (ASX:RIO) down 0.5%, BHP Group Ltd (ASX:BHP) falling 0.4%, lithium miner Lynas Rare Earths Ltd (ASX:LYC) falling 3.8%, while Gold miners St Barbara Ltd (ASX:SBM) and Northern Star Resources Ltd (ASX:NST) fell 5.7% and 1.9% respectively.
On the bond markets, Australia 10-Year rates were at 3.737% and United States 10-Year yields were at 3.537%.
In New Zealand, the NZX 50 added 0.2% to 11,665.3.