Swingfolio Daily
ASX briefings — Friday 26 June 2026
Morning setup and afternoon close recap for Friday 26 June 2026. Observations only — no trade advice.
Friday 26 June 2026
ASX set to edge up as a Wall Street rotation pressures big tech, lifts the Dow
Wall Street rotated out of big tech on Thursday: the S&P 500 held flat while the Nasdaq fell 0.46% and Apple dropped 6.15% on memory-cost-driven price hikes, even as the Dow and small caps rose on a more hawkish Fed path. ASX 200 futures point about 0.15% higher, with WTI up 2%, Brent up 1.7% and gold recovering 0.8% overnight, giving energy and gold names a firmer lead while local tech faces the offshore weakness.
ASX 200 edges up 0.18% to 8,764 as a gold-miner rebound offsets CSL and a growth-stock selloff
The ASX 200 closed at 8,764.2 on 26 June 2026, up 0.18%. A Materials rebound (RIO.AU +2.15%, gold miners up about 3%) and gains across defensives offset the day's heaviest drags: CSL.AU -2.36% and a soft Financials sector. Lithium (PLS.AU -6.32%) and high-multiple growth (NXT.AU -4.48%, CAR.AU -5.22%) were the worst-hit, with breadth a slim 112 advancers to 104 decliners.