The ASX 200 closed down 74 points at 7626 (1.0%) as commodity stocks suffered. Most major sectors are in the red with big miners and REITs the worst performers. BHP, FMG and RIO all down around 2.5% as Iron Ore continues its slide. GMG rising 0.7%, rallying from a down open and other REITs dropping as bond yields rise following the US weekend jobs number. Financials are seeing profit taking from overbought levels with but well off morning lows. The Big Bank Basket unchanged. WBC up 0.5% and CBA drifting 0.3% lower. MQG fell 0.5%. Higher bond yields are also impacting consumer spending stocks, JBH and HVN down 1.7% and 1.4%. In miners golds lower NST and NEM down 3.8% and 4.7%. Sentiment driven lithium continues to fall. PLS, MIN and LTR down 3.4%, 4.9% and 8.2%. Uranium stocks took a break after huge gains last week. PDN, BOE and DYL down 0.7%, 1.0% and 4.2%. Oil and gas stocks fell with WDS down 1.3% and STO down 0.8%. Health Care is the only sector in the green thanks to a positive trading update from PME (+3.6%) while CSL and RMD are up slightly. Tech stocks mixed with the All-Tech Index unchanged. WTC better with XRO slipping slightly.In corporate news, APX fell 5.4% on CEO replacement news, hitting a record low. ARG fell 0.6% and MTS in a trading halt raising $300m for an acquisition. RED announced a merger with SLR seeing the latter falling hard. Asian markets down with China off another 0.4% and HK off 0.2% with Japan up 0.6%.

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