Domestic technology stocks emerged as the biggest drag on the benchmark, shedding over 2 per cent, on track for a third session of losses after tracking overnight declines on Wall Street. Shares in sector majors Block, Xero and Computershare plunged between 1.7 per cent and 4.6 per cent. Financials slipped over 1.3 per cent, with all of the so-called "big four" banks trading in negative territory.