ASX Midday Update: Information Technology Faces Continued Selloff, Energy Shows Modest Rise

We’re watching a rough midday session on the S&P/ASX 200 (“ASX Midday” update) as distinct forces tug different sectors in opposite directions. The information technology group is under pressure again, while energy stocks are holding up and showing a modest rise. This split in market mood reflects global cues, local economic data, and investor caution. We’ll explore what’s driving the moves in tech and energy, look at other notable sectors, and pull together a short outlook for the rest of the day.