Market Wrap / the accept shop

US President Trump's 25% tariffs on car imports in the US once again sent shockwaves across markets, with the S&P/ASX 200 dropping 0.4% to 7969 points, during Thursday's trade.

The real-estate and tech sectors recorded the largest percentage drops, while the miners managed to push ahead. 

The gold players benefited from a run to safe-haven with Northern Star gaining 0.8%. On the other hand, discussions around copper pricing reaching record highs might have prompted some profit taking for Capstone Copper which lost 4.3% this Thursday.

Domain shares were also tracking lower as CoStar flagged its latest proposal as its best price in the absence of a competing proposal. Shares fell 4.9%.

In the retail space, the big news came from The Retail Shop, set to be acquired by Toronto-based Dollarama for $6.68 dollars per share. The Retail Shop skyrocketed 110%.

And another winner on a down-day was Healius, up 10.7%. The imaging diagnostic company will distribute a special fully franked dividend of 41.3 cents a share, and it has flagged optimism regarding revenue growth. 

Tonight, we will receive GDP and unemployment data from the US. Tomorrow, a couple REITs are trading ex-dividend, as well as Bravura.