The ASX200 slipped 0.1% during an extremely quiet Labour Days trade. However the theme remained the same with defence, rare earth, copper and gold stocks leading the line while the tech sector struggled, slipping 1.4%. Not a great deal could be read into the session, with most trading desks running skeleton staff at best ahead of the short week, right in the middle of school holidays.
- The SPI Futures are calling the ASX200 to open up +0.1% this morning, with a 40c gain by BHP in the US set to be supportive.
MM is bullish towards the ASX200 in the short term
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