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The Australian stock market is trimming is 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 staying well below the 8,700 level, with weakness in financial and technology<\/span> stocks partially offset by some gains in energy stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is losing 25.10 points or 0.29 percent to 8,672.60, after hitting a low of 8,643.50 earlier. The broader All Ordinaries Index is down 29.30 points or 0.33 percent to 8,934.20. Australian stocks closed slightly higher on Monday.<\/p>\n Among the major miners, BHP Group is edging down 0.2 percent, Fortescue is losing more than 1 percent and Mineral Resources is declining almost 2 percent, while Rio Tinto is edging up 0.3 percent.<\/p>\n Oil stocks are mostly higher. Origin Energy is edging up 0.2 percent, Woodside Energy is adding 1.5 percent and Santos is gaining more than 1 percent, while Beach energy is losing almost 1 percent.<\/p>\n Among tech stocks, Afterpay owner Block and WiseTech Global are losing almost 1 percent each, while Appen is declining more than 3 percent and Zip is down more than 2 percent. Xero is edging up 0.4 percent.<\/p>\n Gold miners are mixed. Northern Star resources is edging up 0.2 percent, Gold Road Resources is gaining more than 1 percent and Resolute Mining is advancing almost 2 percent, while Newmont is losing almost 2 percent and Evolution Mining is declining almost 1 percent.<\/p>\n Among the big four banks, ANZ Banking and Westpac are declining almost 1 percent each, while National Australia Bank and Commonwealth Bank is edging down 0.3 percent each.<\/p>\n In other news, shares in Viva Energy are plunging more than 9 percent after flagging lower earnings on weak convenience sales and refining margins.<\/p>\n In the currency market, the Aussie dollar is trading at $0.653 on Tuesday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n