The S&P/ASX 200 finished 0.6% lower at 9,026 on Monday, extending losses from the previous session, as declines in technology, real estate, and energy stocks dragged the market down. Investors grappled with renewed trade uncertainty after US President Donald Trump unveiled a 15% tariff on global imports following a Supreme Court decision that struck down his earlier sweeping tariffs. Technology stocks dropped nearly 5%, while real estate and energy firms slid 2.1% and 1.7%, respectively. Sector heavyweight Woodside Energy slipped 1% ahead of its annual results, and fuel retailer Ampol dropped almost 3% despite posting stronger-than-expected full-year profit. Biotech giant CSL and winemaker Treasury Wine Estates also fell over 3.5% each, as both companies generate roughly 40–50% of their revenue from the US. In contrast, the mining sector advanced, helped by a 4% gain in gold miners on the back of higher bullion. Evolution Mining and Northern Star each climbed around 3.5%.
