CommSec Market Update

Morning Report 29 Jul 25: S&P 500 and Nasdaq close at record highs

28 Jul 2025

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Despite a cautious mood, US stocks held near record highs, while the US dollar recorded its biggest jump since May as trade jitters eased. Super Micro Computer surged on optimism around China-US trade relations, and Nike shares climbed following a broker upgrade, with analysts urging investors to "just buy it" ahead of the Soccer World Cup. In Europe, Heineken shares slipped after the company flagged flat sales volumes for the year. Meanwhile, in commodities, gold fell to a three-week low, while oil prices rose 2% on the back of a new US-EU trade agreement. Back home, Aussie shares are expected to open lower on Tuesday, with mining stocks still under pressure. Ryan and Tom also preview the upcoming US interest rate decision and what it could mean for markets. 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 29 Jul 25: S&P 500 and Nasdaq close at record highs

This episode hasn't been transcribed yet

Other episodes from CommSec Market Update

PM 23 Jun 26: Eventful session for ASX ahead of inflation data

AM 23 Jun 26: Wall Street falls on tech slide

PM 22 Jun 26: Market slips for a third day

AM 22 Jun 26: ASX set to fall as Iran peace deal teeters

PM 19 Jun 26: Worst day in 2 weeks for ASX

AM 19 Jun 26: Wall Street rebounds, will the ASX follow?

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