The ASX 200 finished at a three-week low down 56 pts at 8711 (0.6%). Broad-based losses again, Banks managed to hold firm, the Big Bank Basket flat at $289.43 (). CBA rose 0.9% and ANZ up 0.3%. Insurers eased, QBE dropped 1.2% and REITs also under pressure, GMG off 1.8% and SGP falling 2.2%. Tech and industrials also fell, WTC down 1.9% and XRO off 2.0% with the All-Tech Index down 1.6%. TLS succumbed to some profit taking, off 0.9%, WES continued to fall off another 2.1% with ALL falling hard. Healthcare remains in ICU with CSL dropping again, down 2.2% and COH falling 2.4%.4DX continued to unwind its gains, PME also fell. In resources, BHP fell 1.3% and gold miners were under pressure as bullion fell, EVN down 3.0% and NST off 2.9%. Lithium and rare earths found friends, LYC up 3.5% and PLS rising 3.0% as UBS upgraded the sector. Oil and gas also in demand, WDS up 0.8% and coal stock better together with uranium stocks better. PDN up 0.6% and WHC rising 3.9%.

In corporate news, RWC reaffirmed guidance rising 3.6% and DMP stuffed again off 10.7%, after the US parent dropped nearly 9% on disappointing numbers. ORG fell 3.9%, again after a downgrade following yesterday's numbers.

On the economic front, the BoJ held rates at 0.75% with the Fed Meeting kicking off today.

Asian markets ease, Japan down 1.3%, China off 0.3% and HK off 1%.

US Futures ease, Nasdaq down 74. Dow up 2. Europe expected to open slightly higher.

—

Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

Start a free 14-day trial of Marcus Today
http://bit.ly/mt-trial-podcast

Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer

MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20-podcast

Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast

—

Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.