The Wall Street honeymoon Donald Trump experienced in the initial months of his new administration appears to be ending, with the sharemarket sliding, bond yields falling, cryptocurrencies tumbling and consumer confidence evaporating.
Until a week ago, the US sharemarket was up 7.6 per cent from its level immediately before the November election. It has since fallen 3 per cent. The “Magnificent Seven” big technology stocks have fallen more than 6.5 per cent in the past week. Included in this group is Elon Musk’s Tesla, which is down 16 per cent over the period and is now worth about $US570 billion ($900 billion) less than it was about two months ago as the carmaker pays a heavy price for its association with its founder.
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Last
$3.16 |
Change
0.020(0.64%) |
Mkt cap ! $4.079B | |||
| Open | High | Low | Value | Volume |
| $3.12 | $3.17 | $3.04 | $41.32M | 13.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1700 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.16 | 263332 | 20 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| ZIP (ASX) Chart |