The market down over 100 points as the Resources sector folds up, the Gold price falls, the Lithium stocks crater and the A$ drops 1% as the RBA beckons.

ASX 200 fell another 90 points to 6943 (1.3%) after weak leads from overseas and bond yields pushing higher. RBA leaves cash rates unchanged in Bullock’s first meeting.

The Dow Jones Industrial Average retreated on Friday as investors followed the latest news about a potential government shutdown and ended what has been a tough month for stocks. The Dow lost 158.84 points, or 0.47% to finish at 33,507.50, led down by Travelers Companies.

All the Member’s Podcasts this week – Enjoy!

SPI Futures up 45 – Resources having a bounce from the lows yesterday, from Lithium to BHP. Bond yields dipped for the first time in a while as the oil price also, finally, dropped a touch.

The Dow fell 68.61 points, or 0.20%, landing at 33,550.27. Earlier in the session, it was up as much as 112.77 points. The S&P 500 edged up 0.02% to close at 4,274.51, while the Nasdaq Composite added 0.22% to end the session at 13,092.85.

The ASX 200 dropped another 6 points today to 7025 (0.1%) after an early rally fizzled out. Retail sales were slightly worse than expected and suggest the RBA will be on hold next week.