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Aussie Market Dips 0.8% Amid US Sell-Offs, Tariff Woes

2/26/2025

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Story summary
  • The Australian sharemarket declined on Tuesday, with the S&P/ASX 200 falling 0.8% to 8243.60, impacted by US equity sell-offs and tariff concerns.
  • Consumer discretionary stocks suffered, with Domino’s Pizza dropping 7.7% due to restructuring costs.
  • Woodside Energy rose 2.4% following a profit increase, while Zip surged 14.7% amid rising cash earnings.