US markets gave up early gains and dived into the close to finish on the session low. It's not all bad news, however, with commodity prices strong; WTI above US$80 a barrel, iron ore up nearly 10%, coal up 8%, aluminium at a 13-year high. 

• ASX 200 SPI Futures down 27.
• Energy prices up as coal surges on Chinese floods.
• Focus on resource stocks as iron ore up 9.5%

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