Miners offset tech; markets watch for blockbuster US quarterlies
Markets were looking rosy this morning with big bumps across the board, but as the day wore on, so did market sentiment. The S&P/ASX 200 closed practically flat after all was said and done. Today's big winners reflect the most speculated and most exposed to a decline in long bond yields. Names like A2 Milk, Zip Co and Appen outperformed. In contrast, industrials like Bluescope Steel and the miners didn't do so well. The local bourse seemingly underperforming its regional peers. Oil climbed again, iron ore futures are flat in Shanghai while the Australian dollar battles on as it always does. Tonight, United Airlines, Johnson and Johnson and Netflix hand down results. So pack your bags, dust off the talcum powder and binge these great clips.
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