The S&P/ASX200 closed lower Wednesday, dropping 52 points or 0.7% the NSW lockdowns casting a pall over the local bourse as much as the local barber

The S&P/ASX200 closed lower Wednesday, dropping 52 points or 0.7% the NSW lockdowns casting a pall over the local bourse as much as the local barber. Nickel Mines hit the hardest, shedding more than 10%.Wall Street fell ahead of another grueling night for the Fed, while Chinese mainland investors continue to desert tech plays like Tencent (selling off $US4.2 billion in July alone). The CCP tightening its grip on homegrown big tech in a timely demonstration of the application of power to curb power.Our top three VODs today:Big tech buysMining services will be the litmus test for inflationary pressuresThe power of 100 Teslas; Nanuk's New World Hosted on Acast. See acast.com/privacy for more information.