The Australian sharemarket dipped slightly on Friday, mirroring Wall Street’s cautious tone ahead of key US jobs data. The S&P/ASX 200 slipped 0.1% to 8529 points by early afternoon, with seven of eleven sectors in decline, though the index remains within reach of a new record high. The All Ordinaries fell 0.2%.

The Australian sharemarket edged slightly lower on Thursday, with the S&P/ASX 200 dipping 10.8 points, or 0.1%, to 8531 by 2pm. The index had opened higher but gave up gains as investors awaited a catalyst to push it to a new record, after coming within 15 points of an all-time high on Wednesday.

The Australian sharemarket advanced on Wednesday, lifted by positive cues from Wall Street and a milestone valuation for Commonwealth Bank. The S&P/ASX 200 rose 0.9% to 8538.5 by 2pm, placing it within 20 points of its record high. The All Ordinaries also climbed 0.9%.

The Australian sharemarket advanced on Tuesday, tracking overnight gains on Wall Street as hopes resurfaced for renewed trade negotiations between the US and China. The S&P/ASX 200 rose 0.5% to 8451.7 by midday, with nine of 11 sectors in positive territory, led by financials. The All Ordinaries added 0.4%.

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.

ASX Set for Second Monthly Gain Despite Tech Drag; WiseTech Falls

The Australian sharemarket is on track for a second consecutive monthly gain, supported by easing global trade tensions following a US court ruling against President Trump’s tariffs. By 2pm, the S&P/ASX 200 had dipped 0.1% to 8405.4, though the index remains up 3.4% for April. The All Ordinaries also fell 0.1%, heading for its eighth straight weekly advance.