The local bourse followed Wall St's lead today with something of a rotation out of the rotation. The ASX 200 closed down 0.5%. - a podcast by ausbiz

The local bourse followed Wall St's lead today with something of a rotation out of the rotation. The ASX 200 closed down 0.5%. Tech and growth stocks were back in favour while the banks and miners were in the red. Around the region, the Chinese tech names that were hosed yesterday managed to claw back around a third of the losses. The Shanghai Composite is down around 0.2% and the Tokyo TOPIX down 0.5%. S&P 500 futures are currently down around 0.5%...

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