CommSec Market Update

Morning Report 13 Mar 25: US share markets rebound as cool inflation data eases tariff jitters

12 Mar 2025

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US markets are showing signs of recovery from recent lows, buoyed by cooling inflation data. Tech stocks saw notable moves, with Intel jumping on reports that TSMC has pitched a foundry joint venture to Nvidia. Energy stocks also surged, with nuclear power companies gaining as Amazon and others pledged to triple capacity. Meanwhile, oil prices rose 2% on tighter US supplies, lifting broader commodity markets. Elsewhere, the Bank of Canada cut interest rates, citing concerns over the ongoing trade war. Looking ahead, Aussie shares are expected to rebound from seven-month lows, while the Aussie dollar strengthens as markets digest the latest US inflation data. 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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CommSec Market Update

Morning Report 13 Mar 25: US share markets rebound as cool inflation data eases tariff jitters

This episode hasn't been transcribed yet

Other episodes from CommSec Market Update

PM 29 May 26: ASX surges to end week and month higher

AM 29 May 26: Wall Street set to push ASX higher

PM 28 May 26: Worst day for Aussie market in 12 weeks

AM 28 May 26: Iran draft deal sinks oil, stocks muted

PM 27 May 26: ASX lifts on cooler inflation data

AM 27 May 26: Wall Street higher despite peace deal delay

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