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CommSec Market Update

Market Close 30 Oct 24: Market snaps 3-day winning streak as inflation fails to impress

30 Oct 2024

Description

The anticipated barrage of key events that Laura and Stevie have been mentioning in recent episodes has begun taking place today.  They unpack the impact on local markets which ended a three-day winning streak fuelled by the latest inflation data and US earnings data from some major companies.  They talk through the sectors which mostly saw declines, the stocks that caught their eye with Woolworths seeing some attention, and look at what to expect in the days ahead with further market moving events set to take place. 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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