Closing Bell: JB Hi-Fi Short-Circuits but Miners Keep ASX Afloat

What we learnt: JB Hi-Fi’s plunge tells story of housing pain, AI gain

JB Hi-Fi’s July sales shock drags down retailers, BlueScope delivers on its takeover defence, Aurizon tanks on a dividend shock and poor old Lendlease is still poor old Lendlease.

JB Hi-Fi boss warns trading ‘has got a little bit harder’

JB Hi-Fi boss Nick Wells says he has seen a sharp downturn in trading in July as the combined impact of higher interest rates, a poorly received Federal Budget and a cooling housing market kept shoppers away.

Closing Bell: JB Hi-Fi short-circuits but miners keep ASX afloat

ASX falls 0.46% as JB Hi-Fi and NAB cop reporting-season blues Miners buck the sell-off as copper pushes towards records Gold stocks roar back as resources snap three-day slide   The ASX spent Monday getting mugged by reporting season again. The benchmark slipped for a fourth straight session and has now fallen in six of the past seven, with banks and retailers doing most of the damage while the miners tried to keep things vaguely respectable. T…