US equity markets struggled with another negative week, the first such decline, with the Nasdaq and S&P 500 both down 0.9%.

The Dow Jones outperformed and lost by comparison 0.5% as the energy sector benefited from a stronger oil price.

Friday marked the expiration date for options that are either used to leverage market exposure or to protect portfolios that are usually more volatile. However, 1% moves are far from volatile.

Only healthcare was higher on Friday as the market apparently struggled to find positive catalysts after another strong year.

On the positive side, there is only one limited negative catalysts, and a wall of money is building on the sidelines towards the end of the year.

Over the week, technology and energy outperformed, with the latter gaining over 4%, with consumer discretionary staples one and one consumer confidence rebound Above-expected retail sales benefited.

The crackdown in Macau has dragged the casino sector down, while Evergrande’s troubles cap commodity prices for the time being.

The home stay business topped one on Friday Outperformance, with Zoom (NASDAQ: ZM) and Netflix (NASDAQ: NFLX) being rare winners amid the worsening Delta outbreak en.

Back at the ASX, the S&P / ASX 200 (ASX: XJO) will follow the negative lead of the US markets and open lower on Monday. For the latest information, see Rask Media’s ASX 200 morning report.

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Are you wondering where to invest right now? Do you have cash that is “on the sidelines”? Are you looking for dividend income AND growth but not sure where to start? Rask’s seasoned ASX analyst team just released a full report detailing where we would be investing $ 10,000 right now. Not only are we offering these 11 investment ideas completely FREE, but we have also published a detailed podcast on the report!
Whether you have $ 2,000 or $ 50,000, our brand new analyst report could help transform your watchlist. Now you can have the full analyst report emailed to you for FREE by CLICKING HERE NOW.

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The Fortescue Metals Group Limited (ASX: FMG) share price has fallen 44% since July 29, 2021. Could this be a screaming buying opportunity? Rare earth producer Lynas Rare Earths Limited (ASX: LYC) ended the day nearly 12% lower in the middle of a red sea on the ASX today.

On this episode of The Australian Finance Podcast, Kate Campbell & Owen Rask speaks with Andrea Clarke about work and career trends in 2021.

The information on this website is for general financial advice only. This means that the advice does not take into account your goals, your financial situation or your needs. For this reason, you should check that the advice is suitable for you and your needs before reacting to the information. In addition, you should obtain and read the Product Disclosure Statement (PDS) before deciding to purchase a financial product. If you do not know your needs, you should turn to a trusted and licensed financial advisor who can advise you personally on financial products. Please read our & Terms and Conditions and Financial Services Guide before using this website.

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