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ASX briefings — Tuesday 23 June 2026

Morning setup and afternoon close recap for Tuesday 23 June 2026. Observations only — no trade advice.

Tuesday 23 June 2026

morning

ASX 200 set for a soft open after a big tech selloff cut the Nasdaq 1.32%

The Nasdaq fell 1.32% overnight as the biggest US tech names sold off, while the Dow rose 0.29% and small caps gained on a move into value. With gold firm near US$4,210/oz and US yields rising before Friday's PCE print, the ASX 200 is set for a soft open, helped by its heavy bank and miner weighting.

Mixed4 min read
afternoon

ASX 200 falls a fourth day as gold and tech sell off, banks rally: 23 June 2026

The ASX 200 fell 0.33% to 8,787.0 on 23 June 2026, a fourth straight decline. Spot gold dropped 1.64% and Information Technology fell 4.04% on a hawkish Fed read, while financials rose 0.64% to their best close since before the Federal Budget. Iluka Resources slid 10.82% as the day's biggest mover.

Mixed4 min read
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