India, Feb. 2 -- The Australian stock market is trimming its early losses in mid-market trading on Monday, snapping the three-session winning streak, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,400.00 level, with losses across most sectors led by mining and technology stocks.
The benchmark S&P/ASX 200 Index is losing 143.20 points or 1.68 percent to 8,389.10, after hitting a low of 8,353.90 earlier. The broader All Ordinaries Index is down 150.80 points or 1.72 percent to 8,638.90. Australian stocks closed notably higher on Friday.
Among the major miners, BHP Group is losing almost 2 percent, Fortescue Metals is sliding almost 5 percent, Rio Tinto is declining almo...