ASX 200 index: ASX 200 slips as Australian shares end lower on tech sell-off, escalating tensions with China

Synopsis
The S&P/ASX 200 index declined 0.5 per cent to close at 7,061.70, after three straight sessions of gains.
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Financial stocks dropped 0.7 per cent, with National Australia Bank sliding 3 per cent, despite posting 95 per cent surge in cash profit for the half year.
Australian shares fell on Thursday, dragged down by a sell-off in tech shares, while the country's escalating tensions with China and fresh coronavirus curbs in Sydney also weighed on investor sentiment.
The S&P/ASX 200 index declined 0.5 per cent to close at 7,061.70, after three straight sessions of gains.
Technology stocks fell 3.6 per cent, mirroring overnight Nasdaq losses, after Treasury Secretary Janet Yellen suggested that interest rates might need to rise in an overheating economy.

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