AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
The local share market has tumbled this morning, tracking for its worst day this year ahead of a crucial US jobs report.
At noon AEDT on Friday, the benchmark S&P/ASX200 index was down 120.5 points, or 1.65 per cent, to 7,190.6, while the All Ordinaries was down 121 points, or 1.61 per cent, to 7,393.1.
On Wall Street, the S&P500 fell 1.85 per cent ahead of the US non-farms payroll report for February, set for release late Friday, and after tech-focused Silicon Valley Bank said it would raise $US2 billion in additional capital to offset losses on bond sales. Shares of its holding company, SVB Financial, tumbled 60 per cent and dragged down other companies in the financial sector.
Every ASX sector was in the red at midday except for utilities. Energy, mining, financials and tech were all down more than two per cent, with financials the biggest losers, falling 2.7 per cent.
ANZ, CBA, Westpac and NAB were all down by between 2.6 and 3.1 per cent, while Macquarie had dropped by 3.3 per cent.
In the heavyweight mining sector, BHP was down 2.2 per cent to $45.57, Fortescue Metals had dropped 1.9 per cent to $21.62 and Rio Tinto was down 2.4 per cent to $118.34.
Goldminers were among the few companies in the green, with Northern Star up by 2.6 per cent and Gold Road up 3.4 per cent.
Woodside was down 2.7 per cent to $34.35.
For the week the ASX was on track for its fifth consecutive weekly loss, down 1.4 per cent since last Friday's close.
