Australia Shares Set to Retreat From Record -- Market Talk

Dow Jones

Jul 16, 2025

2218 GMT - Australia's S&P/ASX 200 looks set to retreat from its latest finish after enthusiasm for U.S. equities was dampened by data suggesting that tariffs could be stoking inflation. ASX futures are down by 0.8%, suggesting that the benchmark index will follow the DJIA and S&P 500 lower. On Tuesday, the ASX 200 recorded its best day in three weeks, rising 0.7% for a record close. Shares in Rio Tinto may also weigh on the local market. The iron-ore miner's U.S.-listed shares lost 2.3% after it said it would promote Simon Trott to be its new CEO. The DJIA lost 1.0% and the S&P 500 slipped 0.4%. The Nasdaq Composite edged 0.2% higher amid strength in Nvidia shares. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

July 15, 2025 18:18 ET (22:18 GMT)

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ASX futures are down by 0.8%, suggesting that the benchmark index will follow the DJIA and S&amp;P 500 lower. On Tuesday, the ASX 200 recorded its best day in three weeks, rising 0.7% for a record close. Shares in <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> may also weigh on the local market. The iron-ore miner's U.S.-listed shares lost 2.3% after it said it would promote Simon Trott to be its new CEO. The DJIA lost 1.0% and the S&amp;P 500 slipped 0.4%. The <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite edged 0.2% higher amid strength in <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> shares. (stuart.condie@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2025 18:18 ET (22:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia Shares Set to Retreat From Record -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralia Shares Set to Retreat From Record -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-16 06:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2218 GMT - Australia's S&amp;P/ASX 200 looks set to retreat from its latest finish after enthusiasm for U.S. equities was dampened by data suggesting that tariffs could be stoking inflation. ASX futures are down by 0.8%, suggesting that the benchmark index will follow the DJIA and S&amp;P 500 lower. On Tuesday, the ASX 200 recorded its best day in three weeks, rising 0.7% for a record close. Shares in <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> may also weigh on the local market. The iron-ore miner's U.S.-listed shares lost 2.3% after it said it would promote Simon Trott to be its new CEO. The DJIA lost 1.0% and the S&amp;P 500 slipped 0.4%. The <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite edged 0.2% higher amid strength in <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> shares. 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ASX futures are down by 0.8%, suggesting that the benchmark index will follow the DJIA and S&P 500 lower. On Tuesday, the ASX 200 recorded its best day in three weeks, rising 0.7% for a record close. Shares in Rio Tinto may also weigh on the local market. The iron-ore miner's U.S.-listed shares lost 2.3% after it said it would promote Simon Trott to be its new CEO. The DJIA lost 1.0% and the S&P 500 slipped 0.4%. The Nasdaq Composite edged 0.2% higher amid strength in Nvidia shares. (stuart.condie@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2025 18:18 ET (22:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}