At the closing bell, the S&P/ASX200 shed 0.3 per cent, or 25.5 points, to 7788.1, as eight of 11 industry sectors finished in the red. Despite the sell-off, shares eked out modest gains over the week to finish 0.2 per cent higher.Against the greenback, the Australian dollar was buying US65.23c at 4pm.
On Wall Street, tech stocks led the rally, with the Nasdaq climbing 272 points or 1.7 per cent to hit a fresh record. The S&P500 added 0.7 per cent while the Dow Jones Industrial Average shed just 2 points, or less than 0.1 per cent. The electricity and natural gas retailer has entered an agreement with Virya Energy to acquire its Yanco Delta Wind Farm, located in NSW, in a deal worth as much as $300m subject to the achievement of certain development milestones.