Tuesday 16th July - ASX down -17pts, Carsales (CAR) & Rio Tinto (RIO)

16/07/2024

Tuesday 16th July – ASX down -17pts, Carsales (CAR) & Rio Tinto (RIO)

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Latest Reports

Afternoon report 16/12/2025

The Match Out: ASX slips, more pain for Tech

The ASX slipped into negative territory through the session as early strength in the banks was offset by sharp weakness across technology and energy stocks. Investors remained cautious ahead of delayed US labour market data for October & November due tonight, which could shape expectations for further Federal Reserve rate cuts into 2026.

Morning report 16/12/2025

What Matters Today: Four “Dogs” of 2025 that are gaining traction

The ASX 200 opened weaker on Monday and failed to bounce, ultimately closing down -0.7%, with over 60% of the main board closing lower on the day. It was a rare day for FY26, with the miners leading the market to its worst session in three weeks, with BHP’s 2.9% decline contributing a whopping 35% of the day's decline.