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CommSec Market Update

Market Close 10 Feb 25: Tariffs and profit results in focus

10 Feb 2025

Description

The Aussie market started the week with a slight dip, narrowing early losses but still weighed down by ongoing uncertainty around tariffs. Reporting season is now in full swing, with major companies revealing their latest earnings. Market volatility remains high, particularly for sectors like tech and telecom, with WiseTech dropping on fresh controversies and lithium miner Pilbara sliding on weak commodity prices. Looking ahead, key earnings reports from heavyweights like CSL, Macquarie, and CBA will dominate the week, alongside economic updates on consumer and business confidence.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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