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Generally speaking long term investing is the way to go. But along the way some stocks are going to perform badly. To...

Australian shares are losing for the second straight session on Wednesday, with the benchmark S&P/ASX 200 falling below the 6,900 level to fresh six-month lows, following the broadly negative cues from global markets overnight, with weakness across most sectors led by technology and financial stocks.

Asian stock markets mirrored the broadly negative cues from global markets overnight to trade mostly lower at multi-month lows on Wednesday, after better-than-expected US jobs data, strong US dollar and spiking treasury yields continued to raise concerns the US Fed will hold interest rates higher for longer than previously anticipated to tame the stubborn inflation.

Adding to the losses in the previous sessions, the Australian market is sharply lower on Tuesday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 breached the 7,000 mark to fall to a six-month low, with weakness across global markets amid a strong US dollar and a surge in treasury yields.

(RTTNews) - The strength of the US dollar against major currencies in the region and a surge in treasury yields to its highest level in almost six...