• Top gainers: $Coronado Global Resources Inc (CRN.AU)$, $Cettire Ltd (CTT.AU)$, $Whitehaven Coal Ltd (WHC.AU)$
• Top losers: $Telstra Group Ltd (TLS.AU)$, $MFF Capital Investments Ltd (MFF.AU)$, $Virgin Money UK PLC (VUK.AU)$
Market Performance
The Australian $S&P/ASX 200 (.XJO.AU)$ concluded the trading session marginally down by 0.2%, settling at 7750.7 amidst a downturn primarily caused by the technology sector.
Despite gains...

The Reserve Bank of Australia (RBA) has raised the interest rate 13 times in the past 18 months, up to November 2023, and now, coupled with those skyrocketing inflationary expectations, it's starting to show its bite! It's like a monster wave crashing down on companies that rely on discretionary spending.
And when they miss their targets due to the economic slowdown and rising cost of living, the share market is quick to give them a harsh reality check.
Take KMD Brands ( $KMD Brands Ltd (KMD.AU)$...

• Top gainers: $Insurance Australia Group Ltd (IAG.AU)$, $Cettire Ltd (CTT.AU)$, $De Grey Mining Ltd (DEG.AU)$
• Top losers: $Pilbara Minerals Ltd (PLS.AU)$, $Arcadium Lithium PLC (LTM.AU)$, $Charter Hall Group (CHC.AU)$
Market Performance
The $S&P/ASX 200 (.XJO.AU)$ concluded the trading session with a slight gain of 0.1%, landing at 7767.5, which softened the impact of recent declines. The financial sector's robust performa...

• Top gainers: $Contact Energy Ltd (CEN.AU)$, $Premier Investments Ltd (PMV.AU)$, $AMP Ltd (AMP.AU)$
• Top losers: $Cettire Ltd (CTT.AU)$, $ResMed Inc (RMD.AU)$, $Boss Energy Ltd (BOE.AU)$
Market Performance
The $S&P/ASX 200 (.XJO.AU)$ in Australia closed 0.8% lower at 7733.7, driven by a slump in mining stocks.
The materials sector, in particular, fell by 1.1% due to a decline in commodity prices, resulting in a 6.7% retre...

G'day, mooers! Check out the latest news on today's stock market!
• S&P 500, Nasdaq saw a dip
• Australian shares slip as inflation worries heighten; Cettire tumbles 40%
• Stocks to watch: Cettire, Myer, Premier, Metcash, Star Entertainment
Wall Street Summary
U.S. stock indices retreated as $NVIDIA (NVDA.US)$ gave back some of its recent gains ahead of the quarter-end rebalancing of investors' portfolio tha...