AU Evening Wrap: ASX dropped late as US futures declined

The $S&P/ASX 200(.XJO.AU)$ broke its 3 day winning streak closing 0.2% lower at 7278.5 with the tech sector up 2.5% but industrials and the health care sector dragged on the bourse.

Growth stocks provided most of the session’s best performers. $Block Inc(SQ2.AU)$ climbed 9.19 per cent, $Life360 Inc(360.AU)$ 6.44 per cent and $EML Payments Ltd(EML.AU)$ 6.1 per cent.

Value stocks came under pressure as investors switched to beaten-up growth companies. Toll road operators $Transurban Group(TCL.AU)$ and $Atlas Arteria Ltd(ALX.AU)$ dropped 2.43 and 3.73 per cent, respectively. $CSL Ltd(CSL.AU)$ gave up 1.47 per cent, $United Malt Group Ltd(UMG.AU)$ 3.79 per cent and $Bega Cheese Ltd(BGA.AU)$ 3.4 per cent.

S&P/ASX 200 Movers for Monday (3/21)