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The Australian market is trimming its early losses in mid-market moves on Thursday, but extending the losses in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P\/ASX 200 is falling well below the 8,750 level, with weakness across most sectors led by gold miners and technology<\/span> stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is losing 64.60 points or 0.74 percent to 8,720.50, after hitting a low of 8,700.50 earlier. The broader All Ordinaries Index is down 59.80 points or 0.67 percent to 8,919.50. Australian stocks ended significantly lower on Wednesday.<\/p>\n Among major miners, BHP Group and Fortescue are declining more than 1 percent each, while Rio Tinto is losing almost 4 percent and Mineral Resources is edging down 0.5 percent.<\/p>\n Oil stocks are mostly higher. Beach energy is edging up 0.2 percent and Santos is gaining almost 1 percent, while Woodside Energy and Origin Energy are adding more than 1 percent each.<\/p>\n In the tech space, Afterpay owner Block and Xero are losing more than 1 percent each, while Appen is slipping almost 2 percent, Zip is down almost 1 percent and WiseTech Global is declining more than 2 percent. <\/p>\n Among the big four banks, Commonwealth Bank, ANZ Banking and National Australia Bank are losing more than 1 percent each, while Westpac is down almost 1 percent.<\/p>\n Among gold miners, Newmont is losing more than 2 percent, Northern Star Resources is slipping more than 3 percent, Genesis Minerals is down more than 1 percent, Evolution Mining is declining almost 3 percent and Resolute Mining is sliding almost 4 percent.<\/p>\n In other news, shares in Fletcher Building are surging more than 5 percent after it raised FY26 profit guidance as quarterly volumes rise, flagged caution for early FY27.<\/p>\n In the currency market, the Aussie dollar is trading at $0.693 on Thursday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n