Today: 19 March 2026
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ASX:EMR 6 November 2025 - 22 January 2026

Gold breaks $4,800 as Trump tariff threat jolts markets; ASX extends selloff, Rio Tinto beats forecasts

Gold breaks $4,800 as Trump tariff threat jolts markets; ASX extends selloff, Rio Tinto beats forecasts

Gold surged past $4,800 an ounce to a new record as Australian shares fell, with the S&P/ASX 200 closing down 0.4% at 8,782. Banks dropped 1.5% to their lowest since December 1, while gold miners jumped over 13%. Wall Street rebounded after Trump announced a framework deal on Greenland and canceled planned tariffs. Rio Tinto reported record Pilbara iron ore shipments, up 7% year-on-year.
22 January 2026
Westpac’s $7 Billion Windfall Ignites ASX Rally Despite Mining Slump – Nov 3, 2025

ASX Today: S&P/ASX 200 edges up 0.3% to 8,828 as gold miners shine; James Hardie halted, NAB slips — 6 Nov 2025

James Hardie shares plunged 12.7% and trading was paused after its removal from MSCI Australia indexes. The S&P/ASX 200 closed up 0.3% at 8,828.3, led by miners and gold stocks. National Australia Bank reported a flat full-year profit of A$7.09 billion. The Australian dollar traded near US$0.651.

Stock Market Today

  • Specialty Equipment Distributors Q4 Earnings Review: SiteOne, Richardson Electronics, Herc Holdings
    March 19, 2026, 2:32 PM EDT. Specialty equipment distributors showed mixed Q4 results, with revenues beating estimates by 1.4% overall but share prices falling an average of 10.4%. SiteOne (NYSE:SITE) reported $1.05 billion in revenue, up 3.2%, missing estimates by 0.9%, but beating EPS and EBITDA expectations. Its stock dropped 12.9% post-earnings, trading at $129.55. Richardson Electronics (NASDAQ:RELL) posted $52.29 million, up 5.7%, exceeding revenue forecasts by 4.8%, yet its shares fell 7.4% to $10.82. Herc Holdings (NYSE:HRI), specializing in equipment rentals, saw a 27.1% revenue increase to $1.21 billion. Despite solid earnings, the sector faces pressure from economic cycles affecting capital spending and manufacturing, influencing stock performance and growth prospects.
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