ASX Slips After Last Tariff Update
5 Articles
5 Articles
Closing Bell: ASX slips as falling oil prices undercut energy and utilities stocks
ASX slips 0.24pc in trade Falling oil prices drive energy and utilities stocks lower Gold ticks up, lifting ASX All Ords Gold Index 0.85pc The ASX fell 0.24% during the session, experiencing broad weakness on the back of renewed tariff war concerns. The market’s trajectory also took a hit from an announcement from OPEC+ that it would continue to increase oil production. Brent crude oil has fallen more than 12% over the past six months, and mor…
ASX Market Open: Aussie market pushed lower on mixed Wall St performance | June 2, 2025
The ASX200 is set to open slightly lower (-0.08%) today, reflecting a mixed performance on US stocks at the end of last week, as investors considered softer inflation figures and the continuation of global trade tensions. The S&P 500 was almost flat at the end of Friday’s session, after an intraday fall of nearly 1%, while the Nasdaq dropped 0.4% and the Dow increased by 53 points. On the ASX, Castile Resources Ltd (ASX:CST) has detected IOCG mi…
Strong gains for Wisetech, TechnologyOne, and Catapult amid ASX 200 tech sector lead
Tech shares led the ASX 200 market sectors with a 3.85% increase over the five trading days last week. Meanwhile, the benchmark S&P/ASX 200 Index (ASX: XJO) rose 0.88% to finish at 8,434.7 points on Friday. Tariff turmoil continued last week after the US Court of International Trade blocked most of President Donald Trump's global tariffs. The court ruled that Trump had misused the International Emergency Economic Powers Act to implement his tari…
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