Markets @ Midday - ASX -7pts, Star Entertainment (SGR) & Newcrest (NCM) - Market Matters

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19/12/2022

Markets @ Midday – ASX -7pts, Star Entertainment (SGR) & Newcrest (NCM)

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Morning report 07/04/2026

Macro Monday, on Tuesday: US bears may be tiring as S&P 500 rallies into & out of Easter

The ASX200 fell 1.1% on Thursday heading into the Easter break, extending the recent trend of late-week weakness as investors de-risk amid ongoing geopolitical uncertainty.

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The ASX200 gave up early gains and finished lower today after investors were rattled by a fiery speech from US President Donald Trump at midday our time, dampening hopes for a quick resolution to the Iran conflict. The index traded up as much as ~0.4% earlier in the session before reversing sharply as oil prices surged and geopolitical risks again took centre stage.

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