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Australian sharemarket dragged lower by banks but Macquarie bucks trend – NEWS.com.au

Australian sharemarket dragged lower by banks but Macquarie bucks trend

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The Australian sharemarket pulled back despite another record high on Wall Street, with banks dragging the local bourse lower, although Macquarie Group bucked the trend.The S&P/ASX200 dropped 0.86 per cent to 6821.2 while the All Ordinaries Index shed 0.82 per cent to 7102.1.
OpenMarkets Group chief executive Ivan Tchourilov said US investors confident about big tech’s ability to continue its skyward trajectory and deliver on earnings expectations sent the Nasdaq to another record high along with…

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