The ASX200 has been up around 0.6% of a percent at 8,198 points in early afternoon trade. The labour day holiday in some states has seen the bourse trading in lower volumes, as investors continue to digest the unfolding conflict in the Middle East. The sectors are a mixed bag, and both Financials and IT have been leading the market higher – both up 1.35%, followed by Materials up 0.65%. Company NewsMining giant Rio Tinto (ASX:RIO) has been down 1.5% on news it has made a takeover approach to Arcadium Lithium (ASX:LTM). Rio has confirmed the potential acquisition, but has underscored there is n…