Swingfolio Daily
ASX briefings — Friday 15 May 2026
Morning setup and afternoon close recap for Friday 15 May 2026. Observations only — no trade advice.
Friday 15 May 2026
ASX morning: Wall Street records, Cisco +13%, SPI futures lead 30 points above Thursday's 8,640.7 close
S&P 500 +0.77% to 7,501.24 (first close above 7,500), NASDAQ +0.88%, Dow +0.75% — records across the board on a Cisco-led tech rally and Trump-Xi summit progress. SPI 200 futures last near 8,670 vs Thursday's 8,640.7 close. Brent +0.79% to US$106.55, AUD/USD -0.48% to 0.7224, gold -0.64%. Trump-Xi summit day two continues.
ASX 200 fades 0.11% as XRO rebounds 8% while miners slip on gold and copper
ASX 200 closed at 8,630.8 on Friday 15 May 2026, down 9.9 points or 0.11%, after an 81-point intraday range. XRO.AU rebounded +8.13% to $79.67 reversing Thursday's 11.6% post-FY26-result slide, with share buyback flagged for FY28. CBA.AU led the banks +1.91% to $159.40; STO.AU and WDS.AU joined the green on Brent +1.52%. Iron-ore miners and lithium names dragged: BHP.AU -2.58%, RIO.AU -3.24%, PLS.AU -5.80%. Gold -2.31% to US$4,577 and copper -3.78% as AUD/USD slid 0.75% to 0.7169.