Australia's S&P/ASX 200 Falls 0.59% to 7,102.60 as Tech, Energy Weigh; Gold Miners Gain

Australia's benchmark S&P/ASX 200 Index fell 42.10 points, or 0.59%, to 7,102.60 on Monday, extending losses from the prior two sessions after broadly negative cues from global markets on Friday. The broader All Ordinaries Index dropped 46.50 points, or 0.63%, to 7,301.70. Technology and energy stocks led the decline. WiseTech Global and Xero each fell almost 3%, while Appen and Zip each lost almost 5%. Woodside Energy slipped 0.4% and Origin Energy shed more than 1%. Gold miners bucked the trend, with Northern Star Resources surging almost 5% and Newcrest Mining adding more than 3%. Among major miners, BHP Group rose more than 1% and Fortescue Metals gained almost 1%, while Mineral Resources lost almost 2%. The Aussie dollar traded at $0.662. On Wall Street Friday, the Dow fell 1.07% to 31,909.64, the S&P 500 dropped 1.45% to 3,861.59 and the Nasdaq slid 1.76% to 11,138.89, as concerns over fallout from the collapses of Silicon Valley Bank and Silvergate Capital triggered a financial sector sell-off.