Australian (ASX) Stock Market Forum

Today's trading on the ASX

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The Australian share market is set to open higher following Wall Street’s gains, as hopes for a US rate cut lifted investor sentiment. Futures are pointing to an 18 point rise. However, concerns remain over Trump’s escalating tariff measures, which continue to cloud the global economic outlook.

Nvidia’s rebound and Tesla’s rally helped steady US markets, providing some support for Australian technology stocks. Meanwhile, the Bank of Canada cut its key interest rate by 25 basis points to 2.75%, highlighting concerns about economic growth.
 

Evening Wrap: ASX 200 can't shake heavy selling as coal stocks WHC and NHC plunge, yet gold stocks surge.... The S&P/ASX 200 closed 37.1 points lower, down 0.48%​

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www.marketindex.com.au

Evening Wrap: ASX 200 can't shake heavy selling as coal stocks WHC and NHC plunge, yet gold stocks surge

Good as gold 🥇. It's been one of the few stable investing themes amidst a maelstrom of Trump Trade War uncertainty. I have detailed reporting on the best of the ASX gold sector today – and there is plenty to discuss – as well as detailed technical analysis of the gold price in ChartWatch...
www.marketindex.com.au www.marketindex.com.au
 
modestly lower ; ASX futures were 0.2 per cent, or 12 points lower, predicting the index would extend a three-day losing streak.

On Wall Street, the S&P 500 closed at 5521, its lowest since September. The index has now shed 10 per cent from its February peak. Consumer stocks paced the latest drop with all 11 industry sectors in negative territory
 
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