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The Australian stock market is trimming its early losses in mid-market trading on Tuesday, after a relatively flat close in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P\/ASX 200 index is falling well below the 8,700 level, with weakness in gold miners and financial stocks partially offset by gains in technology<\/span> stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is losing 48.60 points or 0.56 percent to 8,680.80, after hitting a low of 8,625.80 earlier. The broader All Ordinaries Index is down 50.80 points or 0.57 percent to 8,919.00. Australian stocks closed relatively flat on Monday. <\/p>\n Among the major miners, Mineral Resources is losing more than 2 percent and Fortescue is down almost 1 percent, while BHP Group is gaining more than 1 percent and Rio Tinto is adding almost 1 percent.<\/p>\n Oil stocks are mixed. Beach energy is edging down 0.5 percent and Origin Energy is losing almost 1 percent, while Woodside Energy is adding more than 1 percent and Santos is gaining almost 1 percent.<\/p>\n Among tech stocks, Afterpay owner Block is edging down 0.3 percent, while Zip is edging up 0.2 percent, WiseTech Global is surging more than 5 percent, Xero is jumping almost 7 percent and Appen is advancing almost 3 percent.<\/p>\n Gold miners are mostly lower. Northern Star Resources is jumping almost 8 percent. Evolution Mining is losing almost 2 percent and Newmont is edging down 0.4 percent, while Resolute Mining and Genesis Minerals are declining almost 4 percent each.<\/p>\n Among the big four banks, Commonwealth Bank is losing almost 2 percent, ANZ Banking is declining almost 3 percent, National Australia Bank is down more than 1 percent and Westpac is slipping more than 2 percent.<\/p>\n In the currency market, the Aussie dollar is trading at $0.716 on Tuesday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n