Though the US and China announced initial compromises on tariffs, with 'more to come', the S&P 500 fell for the first time in four days, slipping 0.3%. Locally we could see further gains, after the S&P/ASX 200 hit an all-time high yesterday. While we've seen defence stocks in broad rally, the AUKUS deal is on the line, which could have an impact.
Securities mentioned include Austal, Vanguard Australian Shares ETF, iShares Core S&P/ASX 200 ETF, BetaShares Australia 200 ETF
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