Author name: Jonathan Tacadena

Australian shares are rebounding, tracking gains on Wall Street ahead of US President Donald Trump’s anticipated announcement of reciprocal tariffs. By 2:30pm, the S&P/ASX 200 was up 0.8% or 61.2 points at 7904.6, while the All Ordinaries gained 0.6%. All 11 sectors were in positive territory, led by real estate and utilities.

The Australian sharemarket is tracking toward its third-largest daily decline of 2025, amid fears that a new wave of US tariffs could spark a global economic downturn. The S&P/ASX 200 fell 1.6% (125 points) to 7857, wiping out approximately $35 billion in market value. The All Ordinaries dropped 1.5%, with all 11 sectors in the red—led by heavy losses in the mining sector.

Australian shares seesawed on Friday as caution prevailed amid escalating trade tensions driven by former US President Donald Trump’s tariff threats. The S&P/ASX 200 was flat at 7970.9 near 2.15pm AEDT, up just 1.9 points. The All Ordinaries also remained steady, with six of the 11 sectors higher, led by consumer staples and utilities.

The Australian sharemarket fell on Thursday afternoon, ending a multi-day winning streak as renewed concerns over US trade policy weighed on sentiment. The S&P/ASX 200 declined 0.6% or 45.8 points to 7953.2 by 2pm, while the All Ordinaries slipped 0.7%. Technology stocks led losses, with seven of 11 sectors in the red.

The ASX advanced on Wednesday, driven by a risk-on rally in banks and miners. The S&P/ASX 200 rose 0.9% (68.8 points) to 8011.3 by 2pm, breaking above 8000 for the first time in two weeks. The All Ordinaries climbed 0.8%, with eight of 11 sectors in positive territory, led by financials.

The Australian sharemarket advanced on Tuesday afternoon, following a strong rally on Wall Street. By mid afternoon, the S&P/ASX 200 was up 0.6% or 48.9 points to 7985.8, marking a fourth consecutive day of gains. Technology led eight of 11 sectors higher.