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The Australian market is extending early losses in mid-market moves on Thursday, reversing some of the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P\/ASX 200 is staying well below the 8,600 level, with weakness in financial and energy stocks partially offset by gains in mining and technology<\/span> stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is losing 44.30 points or 0.52 percent to 8,553.40, after touching a high of 8,623.60 and a low of 8,543.20 earlier. The broader All Ordinaries Index is down 39.40 points or 0.45 percent to 8,789.30. Australian stocks ended notably higher on Wednesday. <\/p>\n Among major miners, BHP Group is gaining almost 4 percent, Mineral Resources is surging almost 5 percent, Rio Tinto is adding almost 1 percent and Fortescue Metals is edging up 0.4 percent.<\/p>\n Oil stocks are mostly lower. Beach energy is losing almost 1 percent, Santos is edging down 0.3 percent and Origin Energy is declining almost 2 percent, while Woodside Energy is edging up 0.2 percent.<\/p>\n In the tech space, Afterpay owner Block is adding almost 2 percent and Zip is edging up 0.5 percent. Appen and WiseTech Global are edging down 0.1 to 0.4 percent each, while Xero is losing almost 1 percent.<\/p>\n Among the big four banks, Commonwealth Bank and National Australia Bank are losing almost 2 percent each, while Westpac is down more than 1 percent. ANZ Banking is flat.<\/p>\n Among gold miners, Evolution Mining is gaining almost 1 percent, Gold Road Resources is edging up 0.2 percent, Resolute Mining is advancing almost 4 percent and Newmont is adding more than 1 percent, while Northern Star Resources is declining more than 1 percent.<\/p>\n In the currency market, the Aussie dollar is trading at $0.658 on Thursday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n