The Market Movers || Where do WTI and Brent crude stand today?

Hi All. This is Nathan, live from Kalkine TV studio in Sydney. And you are watching ‘The Market Movers’. 

ASX 200 is trading lower today, dropping more than 1% to below the 7000 levels. The fall seems to be triggered by growing virus concerns across the globe.  Travel stocks dropped after a new COVID-19 case in New Zealand sparked worries of a pause in the trans-Tasman quarantine-free travel.  IT and materials sector are also in red zone amid demand crunch.  The bottom performing stocks in this index are Nuix Limited (ASX:NXL) and Lynas Rare Earths Limited (ASX:LYC).  Rare earths miner Lynas hit over 3-week low yesterday as Suez Canal blockage hits Q3 sales. 


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