Australia Stock Market Today: ASX 200 Falls 1.1% as Iran War Fears Hit Shares Before Easter Break
SYDNEY, April 3, 2026, 04:13 GMT+11 Australian stocks slipped on Thursday, erasing earlier gains as the S&P/ASX 200 dropped 1.1% to 8,579.5, marking the steepest one-day slide since March 19. Pressure mounted on miners: Rio Tinto slid 3.3%, while BHP ended 2.5% lower. Fresh comments from U.S. President Donald Trump—signaling additional strikes on Iran and offering no end date for the conflict—rattled sentiment. Hebe Chen, a market analyst at Vantage Markets, called it a blow to “fragile hope for a near-term de-escalation.”