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Stock impact report

Australian shares slip as new U.S. tariffs loom; banking stocks drag [Reuters (UK)]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Company Research Source: Reuters
Australian shares slip as new U.S. tariffs loom; banking stocks drag - Reuters 3 Min Read * Banks lead losses, NAB falls most as Morgan Stanley cuts PT * Iron ore units gain as commodity prices support * Ryman Healthcare tops NZX, ends at record high (Updates to close) Dec 10 (Reuters) - Australian shares fell on Tuesday, with banking stocks leading losses, as investors waited to see if Washington will proceed with new tariffs on China this weekend that could change the course of their months-long trade war. The S&P/ASX 200 index snapped a three-session rally to end 0.3%, or 23.1 points, lower at 6,706.9. Markets are in a wait-and-see mode, said James Tao, market analyst at CommSec, as they await headlines from Washington or Beijing. U.S. President Donald Trump has until Dec. 15 to decide whether Washington will press pause on fresh tariffs that are scheduled to take effect against $156 billion worth of Chinese goods. Heavyweight bank units lent most to the benchmark’s losses, with th Show less Read more
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