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CommSec Market Update

Market Close 16 July 24: The market pulls back following record highs

16 Jul 2024

Description

The market has taken a breather after the historic heights of yesterday where it cracked 8000 points.  Laura and Stevie reflect on this recent performance also discussing the highs that have been seen in the US this year.  The materials sector has been dragging on the market today with property stocks seeing gains.  As a result, they unpack the mixed performance over the sectors, look at the stocks that moved the most, and the data out of the US that could shift markets overnight. 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 adviceSee omnystudio.com/listener for privacy information.

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