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CommSec Market Update

Market Close 02 Apr 25: A second day of gains ahead of further tariffs

02 Apr 2025

Description

The Aussie market has managed to hold onto some of the gains this afternoon despite dropping from the highs earlier in trade.  Laura discusses Trump’s tariffs with further information expected around them tomorrow morning at this stage, and she looks at the performance of the US market overnight.  A May rate cut continues to be in the conversation, mining and energy stocks have taken a hit, and gold prices have dropped slightly following the recent record high for the commodity.  Laura unpacks the performance of each of the sectors and the standout performers today including Emerald Resources and Zip. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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