The ASX 200 edged down 21 points or 0.2% to end at 8,604 on Tuesday, down for the third session after fresh data showed Australia's consumer confidence fell in June following May's rise and marking its fourth decline this year amid lingering cost-of-living pressures. Separately, business sentiment in May improved but remained firmly negative, due to concerns over the impact of elevated borrowing costs. Still, local markets trimmed early declines after solid May trade data in top trading partner China, as exports hit a record high while imports accelerated. Meanwhile, the Reserve Bank of Australia will hold a policy meeting next week, with traders expecting a pause following three rate hikes since January. In the U.S., stock futures strengthened, following a rebound in chip stocks on Wall Street Monday. Among today's decliners were Lynas Rare Earths(-4.5%), Evolution Mining (-4.2%), Fortescue (-3.5%), and heavyweight BHP Group (-1.7%). Two of four big banks fell between 0.5% and 1%.