S&P/ASX 200 Slips Below 8,800 Again After Sharp July Rebound
The S&P/ASX 200 slipped back below 8,800 on July 13-14 amid sector rotation and modest gold miner weakness following a volatile month. The index peaked at 8,966.30 on June 17 before plunging below 7,300 by July 2 and hitting 7,224.60 on July 8 amid risk-off sentiment and commodity pressure. It briefly fell below 7,200 on July 9, then rebounded 0.50% on July 10 as resource stocks led a recovery and volatility hit a three-month low. The latest session reflects a cautious pause rather than renewed selling pressure.