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ASX:LLC 23 February 2026

ASX 200 today: Australia shares seen softer after tariff uncertainty jars banks, tech

ASX 200 today: Australia shares seen softer after tariff uncertainty jars banks, tech

ASX 200 futures traded around 8,988 early Tuesday, about 0.4% below Monday’s close after the index fell 0.61% on U.S. tariff uncertainty. Growth stocks and banks dropped, while resources and gold miners outperformed. The Australian dollar slipped 0.2% to 70.68 U.S. cents. Traders await January inflation data due Wednesday.
23 February 2026
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Stock Market Today

  • 3 Tech Stocks Down Over 25% Poised for 2026 Rebound: Microsoft, Meta, Broadcom
    April 5, 2026, 4:32 PM EDT. The tech sector is sharply down in 2026, with Microsoft, Meta Platforms, and Broadcom each off more than 25% from their all-time highs. Microsoft, trading near $373 with a 30% drop, leads in artificial intelligence (AI) platform services, presenting a strong buy opportunity amid no looming economic crash. Meta, down past 25%, invests heavily in AI at $115-$135 billion this year, yet posted a 24% revenue rise in Q4, underscoring its advertising strength despite market skepticism. Meta's valuation at 19 times forward earnings offers notable value. Broadcom, also significantly discounted, rounds out the trio as prime rebound candidates before the anticipated tech sector upswing.
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