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CommSec Market Update

Morning Report 08 Sep 25: Wall Street slumps on job concerns

07 Sep 2025

Description

US stocks fell as concerns over a weakening job market weighed on sentiment, with unemployment rising to its highest level in four years. Long-term interest rates tumbled as traders priced in further rate cuts, while oil prices came into focus after OPEC announced a production increase. Elsewhere, Japanese bonds drew caution following the Prime Minister’s resignation. Back home, Aussie shares are set to open lower on Monday after posting their first weekly loss in five. 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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