- The ASX200 is 1.63% lower mid session today at 6774.
- Canada vows to make Facebook pay for its news media content.
- Afterpay soars on Morgan Stanley 25% price target hike.
The tech sector is the only sector in the green today as Zip Co and Afterpay surge more than 4.5% and 3.5% respectively.
The Australian market is sharply lower today, down 1.63% at 6774 points just after mid session, weighed down by heavy losses in the energy and materials sectors.
Bitcoin is trading around US$51,400 at 2:11pm AEDT shedding 1.73% in the last 24 hours. Meanwhile, Ethereum continues to surge, setting another record-high US$1952.23 this morning.
Afterpay shares are up today after Morgan Stanley lifted its share price target by 25% to AUD$170.10/share for the BNPL giant.
In the headlines, Canada is the latest country vowing to make Facebook pay to share its country?s news media content following the social media giant blocking Australian news yesterday.
And NASA?s rover landing on Mars today will be streamed from an immersive 360-degree point of view from inside Mission Control to give a front seat perspective of the historic landing.