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The Australian stock market is slipping to modest losses in mid-market moves on Wednesday after opening in the green, extending the losses in the previous session, with the benchmark S&P\/ASX 200 falling to near the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in gold miners and technology<\/span> stocks partially offset by gains in iron ore miners and energy stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is losing 17.60 points or 0.20 percent to 8,903.20, after touching a high of 8,951.00 earlier. The broader All Ordinaries Index is down 18.00 points or 0.20 percent to 9,096.30. Australian stocks ended significantly lower on Tuesday.<\/p>\n Among major miners, BHP Group is gaining more than 2 percent and Rio Tinto is adding almost 2 percent, while Fortescue and Mineral Resources are up more than 1 percent each.<\/p>\n Oil stocks are mostly higher. Origin Energy is up almost 2 percent, Woodside Energy is advancing more than 2 percent, Beach energy is gaining almost 1 percent and Santos is adding more than 1 percent.<\/p>\n In the tech space, Afterpay owner Block and Xero are declining almost 2 percent each, while WiseTech Global is losing more than 2 percent and Appen is down more than 1 percent. Zip is gaining almost 1 percent.<\/p>\n Among the big four banks, Commonwealth Bank is edging down 0.1 percent and National Australia bank is losing almost 1 percent, while ANZ Banking and Westpac are edging up 0.4 percent each.<\/p>\n Among gold miners, Evolution Mining and Resolute Mining are slipping almost 3 percent each, while Newmont is edging down 0.2 percent, Genesis Minerals is down more than 1 percent and Northern Star Resources is losing more than 2 percent.<\/p>\n In the currency market, the Aussie dollar is trading at $0.722 on Wednesday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n