The S&P/ASX 200 fell 0.2% to 8,955 on Tuesday, reversing modest gains from the previous session, as investors adopted a cautious stance ahead of the Reserve Bank of Australia’s meeting minutes. The central bank is set to release the minutes from its August policy meeting later today, following its widely expected decision to cut the cash rate by 25 basis points to 3.60% - its lowest level since April 2023. The unanimous move underscored the RBA’s ongoing preference for a “cautious and gradual” easing cycle. Meanwhile, the earnings season continues to unfold, adding another layer of market sensitivity. Mining stocks came under pressure, led by Fortescue, which fell 2.8% after reporting its weakest full-year profit in six years. The result was weighed down by persistent softness in iron ore prices amid oversupply concerns and sluggish demand from China. Conversely, Coles Group jumped 7.3% to its highest level since June 2025 after reporting better-than-expected FY26 sales revenue growth.