The Economic Times

Australian shares slump: ASX 200 ends lower as Trumps extra tariff threat to European countries over Greenland looms large; banks, tech stocks drop, check top gainers and losers

Australian stocks declined on Monday, January 19, 2026, as investors sought safe-haven assets amid US President Trump's tariff threats against European nations. The S&P/ASX 200 fell 0.33%, with A2 Milk and Life360 Inc. leading the losses. Gold miners, however, surged to a record high as bullion prices climbed due to escalating tariff-related risks.