Stock market poised to snap three-week winning streak

ASX ends three week winning streak despite another record on Wall Street

The ASX200 has edged lower, snapping a three-week run despite fresh record highs on Wall Street, with weakness in consumer discretionary stocks offset by gains in tech and buy now, pay later players. In this short end-of-week update, Ricardo Gonçalves speaks with Dianne Colledge from Morgans Financial Limited about what is driving the local market, the outlook for key sectors and how global momentum is shaping sentiment at home, alongside moves …

Stock market poised to snap three-week winning streak

Gold miners and banks continue to weigh on the Australian bourse, which has run out of steam as investors look for fresh catalysts to send the market higher.