ASX Buckles Under Tariff Concerns; Soul Patts, Brickworks Jump on $14b Merger

Wall St ends flat after volatile session, ASX set for slight gain

Another day of tariff turmoil saw Wall Street bounce around but ultimately close flat. The ASX is priced for a marginal rise this morning. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

ASX buckles under tariff concerns; Soul Patts, Brickworks jump on $14b merger

The Australian sharemarket declined on Monday as investors were once again in a cautious mood as they grappled with US President Donald Trump’s trade wars.

ASX to make slight gain as US recession fears grow

Jobs figures will be the first in a series of data points that will show how the world’s largest economy has reacted to President Donald Trump’s tariffs.

ASX Market Close: Renewed uncertainty pushes ASX200 down -0.25%

Good Afternoon and welcome to this edition of HotCopper’s Market Close for Monday 2nd of June 2025, I’m Jon Davidson.  The ASX200 ended down a quarter of a percent as the Australian market digested Wall Street’s Friday finish, informed by renewed trade uncertainty.  Looking at sectors, telecomms were the winner of the day up point four percent; energy was the day’s biggest laggard down -1.4%.  But some companies did have a green day.  The big ti…

Lunch Wrap: ASX dips, Bluescope flexes on Trump's latest steel tariff

ASX wobbles as Trump fires up trade war again Bluescope flies on steel tariff boost Brickworks and Soul Patts merge in $14bn deal   The ASX opened the week on a bit of a downer, slipping by 0.2% in the first session of trade. Blame it on nerves from Wall Street, which pulled back slightly after Donald Trump, never one for a quiet weekend, fired off fresh salvos in his on-again, off-again trade war with China. This time, Trump’s doubling down on …

Australian Banks: Expensive Havens

Following Australian bank reporting season, is the risk for share prices now skewed to the downside?