The S&P/ASX200 finished 0.9 per cent lower at 6697.2, while the All Ordinaries Index dropped 0.92 per cent to 6959.5.
Splitit, which enables existing credit card holders to pay for purchases by splitting the cost into interest and fee-free monthly payments, jumped 8.88 per cent to $1.41 after announcing an agreement to team up with Google in Japan. On the back of higher oil prices, Santos advanced 3.15 per cent to $7.20 and Woodside Petroleum put on 2.62 per cent to $25.46.
“Oil is still pricing in a great deal of optimism linked to the rollout of COVID-19 vaccines and any negative news flow on this front would prompt a sharp negative reaction.”Source:News Regional Media
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ASX set to slide as tech stocks send Wall Street lowerTechnology stocks dragged Wall Street lower but investors were boosted after a speech by US Fed chief Jerome Powell.
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ASX to slip, Wall Street tech stocks fall as mood turns 'fairly fragile'The local share market is expected to open lower, as Wall Street's major technology stocks were sold off and the Australian dollar hit a three-month low. Once global stimulus impact fizzles out in 2022, eco will be flat..it will be deflationary not inflation.,no more V shape recoveries but back to 2019 limping along . Petrol ,Gas, Coal prices starts path to plummeting prices as battery, Solar , hydrogen prices starts to move
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ASX to slip; Wall St tech stocks rebound as European COVID cases riseAustralian shares are expected to fall in early trade, despite Wall Street's technology stocks rebounding from a recent pullback, while European markets remain calm as Europe enters its third wave of COVID-19 infections.
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