The ASX 200 fell for a second session, dropping 0.7% to 6745.9. The major banks and miners fell, while it was a weak day for CSL, Wesfarmers, Woolworths, Transurban, ResMed and Afterpay.
The S&P 500 and Dow Jones had closed at record highs after the US central bank predicted a fast economic recovery from the pandemic, and said it would keep interest rates at close to zero until 2024.
US futures were pointing to a mixed session on Wall Street tonight.
Australia’s unemployment rate fell from 6.3% to 5.8% in February, with seasonally adjusted employment increasing by a better-than-expected 89,000 people.
Some analysts said this has raised concerns the RBA’s case for further monetary easing has been weakened.
Qantas has told around 7500 workers from its mothballed international division they will receive $500 a week as part of the federal government’s $1.2 billion aviation support package.