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The Australian stock market is maintain its early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P\/ASX 200 is falling well below the 8,300 level, with weakness across most sectors led by mining and technology<\/span> stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is losing 59.70 points or 0.72 percent to 8,248.50, after hitting a low of 8,227.60 earlier. The broader All Ordinaries Index is down 64.20 points or 0.75 percent to 8,495.90. Australian stocks closed slightly higher on Monday.<\/p>\n Among the major miners, Rio Tinto and BHP Group are losing almost 1 percent each, while Mineral Resources is declining almost 6 percent and Fortescue Metals is down more than 3 percent.<\/p>\n Oil stocks are mostly higher. Origin Energy, Beach energy and Santos are edging up 0.1 to 0.2 percent each, while Woodside Energy is gaining almost 3 percent.<\/p>\n Among tech stocks, Afterpay owner Block is losing almost 4 percent after fourth-quarter revenue fell short of analyst forecasts. Xero is down almost 1 percent, WiseTech Global is declining more than 2 percent and Appen is slipping more than 1 percent, while Zip is jumping almost 15 percent after its cash earnings more than doubled amid transactions growth and lower bad debts.<\/p>\n Gold miners are mostly higher. Resolute Mining is up almost 2 percent, Gold Road Resources is adding more than 1 percent and Evolution Mining is gaining almost 1 percent, while Newmont is losing almost 3 percent and Northern Star resources is edging down 0.1 percent.<\/p>\n Among the big four banks, Commonwealth Bank and National Australia Bank are losing almost 2 percent each, while Westpac is edging down 0.4 percent and ANZ Banking is down more than 1 percent.<\/p>\n In other news, shares in Viva Energy are tumbling more than 27 percent, after its half-yearly profit fell 20 percent.<\/p>\n Shares in Domino’s Pizza are plunging almost 11 percent after the fast-food retailer swung to a loss on heavy restructuring costs. <\/p>\n In the currency market, the Aussie dollar is trading at $0.635 on Tuesday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n