Market Wrap / cost control

The S&P/ASX 200 ended 0.7% lower to 8,251.90 points this Tuesday. Trump’s tariff confirmation and some disappointing results weighed on investor sentiment.

Most sectors closed in the red, with the exception of the utilities and energy sectors.

Reporting season was in full swing; Woodside's full year net profit more than doubled, though it cut its dividend. Investors sent Woodside stock 2.8% higher today. Nine Entertainment affirmed the calendar year has started well - with audience numbers and advertising interest improving.

Domino’s Pizza said challenges remain for the company; shares tanked 10.5%. G8 Education and Praemium lost ground, while Johns Lyng lost a serious 33.4% as it downgraded its full year guidance. 

One of today’s best performers, however, was Zip; it more than doubled its first-half cash earnings to $67 million, up from $33.2 million this time last year.

But financials were in the red, with CBA retreating 1.3%.

Tomorrow will bring a new raft of results, notably Woolworths and Flight Travel Centre in the consumer space. Inflation data is also due at 11:30am.