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

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

CommSec Market Update
8 min
Today
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About the episode

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. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.