An un-4-tunate week 😢

A late pre-NFPs swoon has seen the ASX200 close 0.4% lower for the day and 4% lower for the week.With US and local earnings all but over for the period, attention has moved back to the macro, as interest rate risk and growth concerns return.Commodities took a whack last night as the markets price-in an inflation fighting Fed. The materials sector led the market lower to take its decline for the week to more than 10%. Energy also dipped after another oil price swoon.On the plus side, financials added a respectable 0.6%. Healthcare also rose 0.5%.Clinuvel shares rose 2.5% as investors continue to digest its FY22 results. Life 360 also rallied 6%.On the flip side, Tyro Payments extended its downtrend, dropping 8.5%. Novonix lopped 7.5% off its price. The nuclear theme took a pause and Paladin energy shed 6.25%.Today's top 3 VODsThe 'uncomfortable truth' about rising interest ratesThe two stock picks to round out the weekCarl's power plays: gas, lithium and uranium Hosted on Acast. See acast.com/privacy for more information.