CommSec Market Update

Market Close 09 Jul 25: Copper stocks slump on tariff threats


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Tariffs continue to lead the conversation today as Laura and Stevie unpack the worst day for the Aussie market in around 9 weeks.  Despite being the worst day, the market has once again not moved much, Trump has discussed a 50% tariff on copper which has seen copper stocks and gold prices take a hit, and he has continued to discuss tariffs on pharmaceuticals.  Property stocks have taken a hit amid the recent interest rate hold decision, and Laura and Stevie look to the day ahead.

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