The ASX 200 fell as resource stocks and financials dragged the market lower, extending a losing streak that has wiped out recent gains. A strong US dollar pressured commodity prices and gold miners, while mixed employment data reduced expectations for near-term interest rate increases. Banks also retreated, with Judo Capital among notable fallers. Defensive healthcare stocks provided some support as markets await US inflation data and monitor global tech sentiment.

Steve Daghlian is a Market Analysts at CommSec. Each episode, he breaks down the day's market movements and explains what the numbers really mean.

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