Aussie stocks fell 1.3% today with the benchmark S&P/ASX 200 falling 73.80 to 5,446.40, while the broader All Ordinaries fell 68 points to 5,515.50.
Banks lead the markets down again, with CBA falling 74 cents to $41.11, with less than half the volume of average daily traded shares changing hands.
NAB added 1 cent to $28.70, ANZ slid 39 cents to $20.57 and Westpac shed 59 cents to $22.58.
Bank of Queensland lost 35 cents despite positive interim results out today.
In New York, the Dow was 49 points or 0.4% to 12,527 points and Nasdaq also down 26 points or 1.13% at 2,322.12.
Thanks to oil prices climbing to a record high yesterday, the resource sector surged in response.
BHP Billiton rose 0.2% to $42., while its main rival and takeover target, Rio Tinto, slid 14 cents to $137.74.
Oil and gas firm Woodside Petroleum added $1.54 to $56.55 and gold miner Newcrest Mining shed 44 cents to $33.51.
