Overview
- The S&P/ASX 200 fell 0.42% to 8,725.70, with 10 of 11 sectors lower by the close.
- Information technology led declines, while energy also weakened to drag the broader market.
- Gold and silver’s record highs lifted miners early, but gains faded as Northern Star closed down 0.74% and BHP slipped 0.37%, while Evolution eked out a 0.46% rise.
- Rio Tinto touched a record during the session before easing to finish 0.53% lower.
- Stock-specific moves added pressure, with Netwealth down 6.47% and DroneShield off 4.56%, as investors watched for a potential year‑end Santa rally.