ASX 200 ends winning streak; De Grey, Telix Pharmaceuticals hardest hit; ANZ consumer confidence jumps

Shares end lower after four days of gains; iron ore price hits new high; retailers hit by Macquarie report; Recce jumps on patent and Lake Resources' Kachi hits milestone.

Equity investors are buoyed by expectations of a slowdown in rate rises globally. Picture: David Swift

Welcome to the Trading Day blog for Tuesday, January 10. The Australian sharemarket snapped a four-day winning streak after US Federal Reserve officials hosed down expectations by investors that Friday's US jobs report could prompt it to temper its rate-tightening cycle.

The S&P/ASX 200 index fell 0.3 per cent to 7131.00 with eight of the 11 sectors in the green. 

On Wall Street, the S&P 500 and the Dow Jones Industrial Average both fell 0.1 per cent lower with the Nasdaq adding 0.6 per cent. All three indexes had notched up gains of between 1 and 2 per cent midway through the session.

The dollar was around US69.20c at the close.