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CommSec Market Update

Market Close 18 July 24: Surprise jump in Aussie jobs spikes rate hike concern

18 Jul 2024

Description

The market has seen a slight slide today on a day that Laura says ‘could have been much worse’.  She is joined by Stevie to unpack how the tech sector influenced that decline, the jobs data which did result in a slight dip this afternoon, and what to watch as the month progresses.  They look at the performance of each the sectors which have almost all seen declines, the biggest movers which include Domino’s as the worst performer, and the US data that is expected 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 advice.See omnystudio.com/listener for privacy information.

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