Market Close 31 Jan 25: Best month in over a year for Aussie stocks

The Aussie share market is off to a roaring start in 2025, hitting fresh record highs. This week’s rally was fuelled by softer-than-expected inflation data, which increased the chances of an interest rate cut, as well as strong performances from the materials sector. Global markets had plenty of action too—Trump’s tariff threats shook investors, while the Fed held rates steady. Meanwhile, Apple’s earnings boosted tech stocks, despite a decline in iPhone sales in China. Locally, gold stocks shone bright as prices hit a record high, and companies like Origin and Magellan faced heavy losses. Looking ahead, investors are eyeing key economic reports, including U.S. inflation data, job figures, and local retail spending, as well as big tech earnings from Alphabet and Amazon.   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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