Closing Bell 2nd June: ASX Dips as Trade Tensions Resurface. Soul Patts and Brickworks merge
The Australian sharemarket edged lower on Monday amid renewed global trade tensions following US President Donald Trump’s decision to double steel and aluminium tariffs. The S&P/ASX 200 fell 0.3% to 8406.4 by 2pm, with eight of 11 sectors in the red, led by declines in energy and utilities.
