S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Australian stocks dipped 84 points or 1.0% to 8,547 in early deals on Monday, marking the second session of losses and notching their lowest level since early April. A slump on Wall Street Friday weighed on sentiment amid rising fears of further escalation in the Middle East following President Trump’s warning on Iran. Caution also grew as top trading partner China will release April activity data later today, including industrial output and retail sales. Locally, Australia’s flash PMI readings for May will be due later this week, along with the RBA minutes and April labor market data. Transport, communications, process industries, and consumers drove the decline, while healthcare, consumer services, and energy minerals helped limit losses. Among major decliners were BHP Group (-2.6%), Goodman Group (-2.7%), and Northern Star Resources (-4.1%). Brambles Ltd. tumbled 14.9% after cutting its underlying profit growth target due to earnings impact from repair capacity constraints.
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