Swingfolio Daily
ASX briefings — Friday 17 July 2026
Morning setup and afternoon close recap for Friday 17 July 2026. Observations only — no trade advice.
Friday 17 July 2026
ASX 200 opens Friday against a semiconductor-led Nasdaq fall
The Nasdaq Composite closed down 1.47% at 25,881.95 after Taiwan Semiconductor raised full-year capital spending guidance to US$60bn to US$64bn and semiconductor shares fell. Alphabet dropped 4.44% on a reported Gemini 3.5 Pro delay, while Apple rose 1.76% and Microsoft 1.38%, holding the Dow to -0.20%. SPI futures point the ASX 200 open 26 points or 0.3% lower. Brent added 0.82% to US$84.92 on Iran supply concerns, gold eased 0.30% and AUD/USD sits at 0.6998. No Australian data is scheduled today.
ASX 200 slips 0.50% to 8,796.7 as a mining rout overwhelms seven rising sectors
The S&P/ASX 200 fell 44.0 points to 8,796.7 on 17 July 2026, down 0.50%, even though seven of eleven sectors rose. BHP.AU -2.71% cost the index about 30 bps on soft FY27 copper guidance, and all 14 gold miners fell as spot bullion sat under US$4,000. Energy, staples, telcos, utilities and REITs handed back about 27 bps. Australia's negligible semiconductor weighting spared it the chip selling that sent the Nikkei 225 down 4.03%.