ASX 200 Today: Australian Shares Snap Losing Streak, Santos Slides on Darwin LNG Halt
Australian stocks broke their three-day slide on Tuesday, the S&P/ASX 200 closing 0.2% higher at 8,379. Early gains faded by the bell, but miners provided the bulk of support. The index’s gain wasn’t really about the numbers—a signal, more than a surge. Stocks rallied earlier when U.S. President Donald Trump pushed back new attacks on Iranian infrastructure. But momentum faded fast: Tehran shot down talk of negotiations with Washington, oil prices didn’t budge.