• The ASX 200 dropped 67 points to 7064 (0.9%) after a worse expected start was ambushed by Asian weakness. Moves by US SEC to withdrawal listing for some Chinese techs saw HK and China fall heavily dragging ASX 200 with it. Banks eased back as bond yields charged ahead again with the Big Bank Basket steady at $177.84. MQG fell 1.8%, ASX down 1.7% and MFG down 6.8%. 
• Healthcare eased with CSL down 2.5%, SHL off 2.1% and RMD off 1.7%. Industrials slid as WES fell 1.9%, GMG dropped 2.9%, ALL down 3.8% and platform stocks like REA fell 5.0%. Tech stocks also fell with WTC down 4.1%, XRO off 5.9% and SQ2 down 3.2%. The All-Tech Index down 3.1%. Resource stocks held firm, lithium was especially firm PLS up 1.1%, CXO up 11.9% and AKE better by 4.9%. Iron ore giants steady and gold stocks slipping, NCM down 0.6% and BHP losing 0.1%, RIO and FMG better though. Oil and gas stocks firmed despite crude falling, STO flat, WPL up 1.0%. 
• In corporate news, BRG has bought a coffee machine company, down 2.7%, CVN up 10.5% in drilling progress.
•  Nothing on the economic front as we await the Fed next week. Asian markets fell and 10-year yields up to 2.39% as governor Lowe talks higher rates may be ‘plausible’. 

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