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flag Australian stocks drop below 7,900 as mining, tech firms suffer; dollar weakens to $0.630.

flag Australian stocks fell on Monday, with the S&P/ASX 200 index dropping below 7,900, following negative trends from Wall Street. flag Mining and tech stocks were hit hard, with companies like BHP and Rio Tinto losing over 2%, and tech firms such as Afterpay and Xero also suffering significant declines. flag The Australian dollar weakened to $0.630. flag Investors are also watching for the Reserve Bank of Australia's interest rate decision later in the week.

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