CommSec Market Update

Market Close 28 Sept 23: Big energy energy

28 Sep 2023

Contributed by Lukas

The market closed down by just 5.5 points today with 9 of the 11 sectors finishing lower. Energy stocks stood out as clear winners today, gaining almo...

Morning Report 28 Sept 23: Choppy night on Wall Street

27 Sep 2023

Contributed by Lukas

It’s been a choppy night on Wall Street as investors weigh elevated bond yields and prospects for a U.S Government shutdown. Meanwhile Ryan and Crai...

Market Close 27 Sept 23: Are rates likely to stay on hold?

27 Sep 2023

Contributed by Lukas

Join Stevie and Laura on what has been a volatile and rocky day with markets closing slightly down again.  They investigate what could impact the mar...

Morning Report 27 Sept 23: Concerns over U.S Gov shutdown

26 Sep 2023

Contributed by Lukas

To the U.S first where the Dow Jones index has shed nearly 400 points since March. Meanwhile concerns are growing around a potential U.S government sh...

Market Close 26 September 23: Aussie market falls ahead of inflation

26 Sep 2023

Contributed by Lukas

The market finished lower today, closing down by half a percent. 9 of the 11 sectors were down, with health care coming out on top. Pro Medicus was th...

Morning Report 26 Sept 23: A choppy day on commodities market

25 Sep 2023

Contributed by Lukas

Craig is on his own this morning and starts with U.S shares which ended modestly in the black. Meanwhile weak economic data pushed European share mark...

Market Close 25 September 23: Aussie stocks bounce back from slow start

25 Sep 2023

Contributed by Lukas

The market was almost flat today, closing up by just 7 points. Almost all sectors were up today, with tech finishing the highest. Our two biggest sect...

Morning Report 25 Sept 23: ASX expected to start with a loss

24 Sep 2023

Contributed by Lukas

To the U.S first where Wall Street moderated following the latest readings on activity in the manufacturing and services sectors. European markets eas...

Market Close 22 September 23: Market makes impressive recovery from 6-month low

22 Sep 2023

Contributed by Lukas

It was a rollercoaster day for the market today, closing up by just 3.6 points. The sectors ended mixed today, with 6 of 11 finishing higher, real est...

Morning Report 22 Sept 23: Murdoch steps down with positive market response

21 Sep 2023

Contributed by Lukas

Craig joins Tom this morning as global sharemarkets fall following investor response to central bank rate actions. Meanwhile the Australian share mark...

Market Close 21 September 23: Competition regulator strikes again

21 Sep 2023

Contributed by Lukas

It was an ugly day for the market today, declining almost 1.4%. All sectors were down today, with tech performing the best. The U.S. held interest rat...

Morning Report 21 Sept 23: Hawkish pause sends Wall Street lower

20 Sep 2023

Contributed by Lukas

Craig joins Tom again this morning as they look at a hawkish pause for the U.S Fed which sent Wall Street lower. Lower than expected U.K inflation shi...

Market Close 20 September 23: Sizzling day for Sezzle

20 Sep 2023

Contributed by Lukas

It was another day of losses on Wednesday, with the market declining close to half a percent. Almost all sectors were lower with only 3 gaining. Energ...

Morning Report 20 Sept 23: Investors on edge ahead of central bank meetings

19 Sep 2023

Contributed by Lukas

Craig joins Tom in the hot seat this morning and they start with investors on edge ahead of key central bank meetings. Meanwhile oil prices stabilise ...

Market Close 19 September 23: A sparkle amid declines

19 Sep 2023

Contributed by Lukas

The Aussie market declined on Tuesday, falling for the second straight session ahead of the US interest rate decision. Most sectors declines, but ener...

Morning Report 19 Sept 23: Oil prices hit 95USD a barrel

18 Sep 2023

Contributed by Lukas

To the U.S first where Wall Street moved sideways as investors await the Fed. Meanwhile oil prices touch 95USD a barrel. Ryan and Tom preview the late...

Market Close 18 September 23: Rough start to the week

18 Sep 2023

Contributed by Lukas

The market closed down today, with all 11 sectors finishing in the red. Tech faced the biggest losses, following the lead of the U.S. It was Michelle ...

Morning Report 18 Sept 23: Oil prices stoke inflationary concerns

17 Sep 2023

Contributed by Lukas

Tom and Ryan start in the U.S this morning where stocks retreated as long term interest rates rise. Meanwhile oil prices stoke inflationary concerns. ...

Market Close 15 September 23: Aussie market as strong as steel

15 Sep 2023

Contributed by Lukas

The Aussie market had its best day in 2 months. Data out of China showed signs of an economic recovery which boosted the market. All sectors improved ...

Morning Report 15 Sept 23: European Central Bank lifts rates for last time

14 Sep 2023

Contributed by Lukas

Wall Street ends higher on solid economic data as Arm soars in debut. Meanwhile the European Central Bank has lifted interest rates for the last time....

Market Close 14 September 23: Uranium stocks power Aussie market

14 Sep 2023

Contributed by Lukas

The Aussie market lifted on Thursday, putting the market back on track to end the week in positive territory. A mixed jobs report was released, with i...

Morning Report 14 Sept 23: U.S stocks mixed following inflation report

13 Sep 2023

Contributed by Lukas

Starting in the U.S this morning with mixed outcomes for stocks overnight following the latest inflation report. Meanwhile European stocks fall as eco...

Market Close 13 September 23: Birken-stocks?

13 Sep 2023

Contributed by Lukas

The market lost all of the gains from earlier in the week today, closing down 0.75%. 9 of 11 sectors closed down, with utilities and energy being the ...

Morning Report 13 Sept 23: Apple’s iPhone launch underwhelms

12 Sep 2023

Contributed by Lukas

Tech shares slide overnight in a luke warm response to Apple’s iPhone launch. Ryan and Tom preview US inflation data. Plus this mornings commodities...

Market Close 12 September 23: Market lifts despite energy slump

12 Sep 2023

Contributed by Lukas

It was another day of gains, albeit small ones. 6 of the 11 sectors were up, materials and health care were up and energy had the largest losses. Look...

Morning Report 12 Sept 23: Tech shares lead Wall St recovery

11 Sep 2023

Contributed by Lukas

Tom and Ryan look at technology stocks which led a recovery for Wall Street overnight, including Apple shares which firmed ahead of a key product laun...

Market Close 11 September 23: Market ends nasty losing streak

11 Sep 2023

Contributed by Lukas

It’s looking to be a positive start to the week, with the market up by almost half a percent. It has been a tough start to the month despite the win...

Morning Report 11 Sept 23: Weather-beaten US stocks post moderate gains

10 Sep 2023

Contributed by Lukas

Wall street ended a volatile week with modest gains.  Ryan and Tom discuss this in more detail, including looking at the relief that has come from Ch...

Market Close 08 September 23: Market slides for fourth day

08 Sep 2023

Contributed by Lukas

Today marked the fourth consecutive day of decline, erasing the previous week's progress. The energy sector was the sole gainer this week, while Qanta...

Morning Report 08 Sept 23: Tech shares fall on Apple drag

07 Sep 2023

Contributed by Lukas

Technology shares were in focus this morning as China broadened the ban on the iPhone.  Tom and Ryan unpack the impact of this on the market, review ...

Market Close 07 September 23: BHP rocks the market

07 Sep 2023

Contributed by Lukas

It was a third straight day of losses, with the market expected to have its worst day in 3 weeks. As expected our market’s biggest stock, BHP had a ...

Morning Report 07 Sept 23: Data stokes inflation and rate worries

06 Sep 2023

Contributed by Lukas

Wall Street slid overnight as economic data stokes inflation and interest rate worries. Meanwhile oil prices have hit fresh nine month highs. Tom and ...

Market Close 06 September 23: Oil prices gush higher

06 Sep 2023

Contributed by Lukas

The Aussie market didn’t have a great session today. Energy was the only sector to lift, while banks and miners weighed most. Higher oil prices and ...

Morning Report 06 Sept 23: Wall Street slips, OPEC cuts production

05 Sep 2023

Contributed by Lukas

Wall Street slips as bond yields rise with oil prices boosting the energy sector. Meanwhile OPEC extends crude production cuts until December. Ryan an...

Market Close 05 September 23: Interest rates on hold for 3rd month

05 Sep 2023

Contributed by Lukas

RBA governor Phillip Lowe held interest rates today, in what was his last policy meeting before he steps down. Sectors were mixed with health care fin...

Morning Report 05 Sept 23: Euro shares fall flat

04 Sep 2023

Contributed by Lukas

Tom and Ryan head to Europe first this morning where shares were flat with U.S markets closed for labour day. Meanwhile European mini shares have been...

Market Close 04 September 23: Solid start ahead of interest rate decision

04 Sep 2023

Contributed by Lukas

The market was up today, largely thanks to the materials and energy sectors. It was another troubling day for Qantas today, hitting an 11 month low. L...

Morning Report 04 Sept 23: Wall Street survives jobs report

03 Sep 2023

Contributed by Lukas

To the U.S first as always this morning where Wall Street has survived a key jobs report. Meanwhile Aussie stocks are set to build on last weeks impro...

Market Close 01 September 23: Underwhelming start to Spring

01 Sep 2023

Contributed by Lukas

The market has started off the month lower, finishing down around 0.4%. Only 3 sectors managed to lift, with energy up on top. Qantas had another trou...

Morning Report 01 Sept 23: Cannabis stocks on a high

31 Aug 2023

Contributed by Lukas

Starting in the U.S this morning where Wall Street ended mixed after inline inflation data. Meanwhile global share markets have ended August lower. Th...

Market Close 31 August 23: Market falls for the month

31 Aug 2023

Contributed by Lukas

The last day of the month saw the market have it’s fourth straight day of gains, however it gained only 0.10%. 8 of the 11 sectors were up, with tel...

Morning Report 31 Aug 23: Fears of Chinese property giant default

30 Aug 2023

Contributed by Lukas

Wall Street ends higher overnight as weaker economic data fuels rate pause bets. Ryan and Tom assess European and Aussie inflation data as well as ano...

Market Close 30 August 23: Big wins for the market today

30 Aug 2023

Contributed by Lukas

The wins continue with the market gaining 1.2% and narrowing August’s losses. The only sector to truly decline was the telcos, all other sectors gai...

Morning Report 30 Aug 28: U.S tech shares rebound from Aug slump

29 Aug 2023

Contributed by Lukas

To the U.S first this morning where shares ended sharply higher with job data feeling rate optimism. Ryan and Tom assess China’s latest stimulus mea...

Market Close 29 August 23: Market zips higher

29 Aug 2023

Contributed by Lukas

It was another day of wins for the ASX200 with the market closing in the green. 8 of the 11 sectors finished higher with materials on top and energy c...

Morning Report 29 Aug 28: Wall Street up as investors await inflation data

28 Aug 2023

Contributed by Lukas

To the U.S first this morning where Wall Street ended higher as investors await inflation and jobs data. Meanwhile Ryan and Tom discuss Chinas latest ...

Market Close 28 August 23: Market rebounds from last weeks losses

28 Aug 2023

Contributed by Lukas

It was a positive start to the week with the market gaining almost 45 points. 10 of the 11 sectors finished up, with tech being the only one to declin...

Morning Report 28 Aug 28: The big hurdles coming this week

27 Aug 2023

Contributed by Lukas

U.S and European stock markets push higher in response to measured words from Jerome Powell at Jackson Hole. Meanwhile futures point to an improvement...

Market Close 25 August 23: On track for worst month of 2023

25 Aug 2023

Contributed by Lukas

The wins are over, with the market closing down by almost 1%. Unsurprisingly almost all of the sectors declined, with consumer staples and consumer di...

Morning Report 25 Aug 23: Wall Street down ahead of Jackson Hole

24 Aug 2023

Contributed by Lukas

To Wall Street first this morning which ended down sharply as focus shifts to Jerome Powell speech. Ryan and Tom look ahead to Jackson Hole. Ryan prev...

Market Close 24 August 23: All eyes on JP

24 Aug 2023

Contributed by Lukas

It was another day of wins with the market closing up by close to half a percent. 8 of the 11 sectors finished up with tech finishing up the highest a...

Morning Report 24 Aug 23: U.S share markets advance

23 Aug 2023

Contributed by Lukas

Tom and Ryan look at U.S share markets which have advanced ahead of chipmaker Nvidia’s results. Meanwhile weaker economic data pushes bond yields lo...

Market Close 23 August 23: Why your pizza just got cheaper?

23 Aug 2023

Contributed by Lukas

The market finished higher today, regaining some of the losses from earlier in the week. 5 of the 11 sectors finished higher, consumer staples came ou...

Morning Report 23 Aug 23: Aus shares expected to open lower after U.S shares slip

22 Aug 2023

Contributed by Lukas

Tom and Ryan start with U.S share markets which ended mostly lower on interest rate worries. Meanwhile U.S bank shares slip after credit ratings cut. ...

Market Close 22 August 23: Profit result avalanche

22 Aug 2023

Contributed by Lukas

The market finished almost flat day today, gaining only 6 points. The sectors were quite mixed today, with tech being a clear winner and consumer stap...

Morning Report 22 Aug 23: Tech shares unexpected top performer

21 Aug 2023

Contributed by Lukas

Tom and Ryan start with tech this morning which rallied on the back of a jump in Nvidia shares. Tom looks into European share market performance after...

Market Close 21 August 23: Aussie market remains near 5-week low

21 Aug 2023

Contributed by Lukas

After a choppy day the ASX has finished once again near the 5-week low.  Stevie and Laura look into the factors that influenced this and unpack the 2...

Morning Report 21 Aug 23: Investors on edge following latest developments in China

20 Aug 2023

Contributed by Lukas

Craig joins Tom this morning as they look to U.S and European stocks which ended the week lower as investors keep a weary eye on China developments. M...

Market Close 18 August 23: Real estate on top and telcos on bottom

18 Aug 2023

Contributed by Lukas

The market has closed flat today (or up, depending on who you ask!) gaining just 0.03%. 6 of the 11 sectors saw losses, with real estate coming out on...

Morning Report 18 Aug 23: Commodities rebound on Chinese currency support

17 Aug 2023

Contributed by Lukas

To the U.S first this morning where Wall Street finished lower on health care losses and interest rate jitters. Meanwhile commodities rebounded on Chi...

Market Close 17 August 23: Egg-cellent day for Ingham

17 Aug 2023

Contributed by Lukas

It was another down day for the market, dropping another 0.68%. The sectors faired a little better with three finishing higher, real estate came out o...

Morning Report 17 Aug 23: U.S Fed minutes cloud outlook for rates

16 Aug 2023

Contributed by Lukas

Wall Street ends lower this morning after Fed minutes cloud outlook for rates. Ryan previews the Aussie jobs report. The team unpack some key earnings...

Market Close 16 August 23: Biggest fall in 6 weeks

16 Aug 2023

Contributed by Lukas

The market took a huge hit today, closing lower by 1.5%. Unsurprisingly almost all sectors finished lower with real estate being the only one closing ...

Morning Report 16 Aug 23: Dow Jones breaks 3-day winning streak

15 Aug 2023

Contributed by Lukas

Tom and Ryan look to the U.S first where the Dow Jones broke a 3-day winning streak as bank stocks tumble. Meanwhile U.S retail spending data comes in...

Market Close 15 August 23: How did wages help markets?

15 Aug 2023

Contributed by Lukas

The market rebounded from the losses yesterday, finishing up by 28 points. 8 of the 11 sectors were higher today with health care coming out as a clea...

Morning Report 15 Aug 23: Tech stocks lead Wall Street higher

14 Aug 2023

Contributed by Lukas

Tom looks at tech stocks which led Wall Street higher overnight. Ryan previews some U.S retail and consumer spending figures. Meanwhile the China prop...

Market Close 14 August 23: ASX hits lowest levels in around 4 weeks

14 Aug 2023

Contributed by Lukas

Laura and Steve are back as the ASX hits the lowest levels in around 4 weeks with sluggish data out of China impacting growth.  As we kick off one of...

Morning Report 14 Aug 23: U.S stocks slip following higher factory inflation

13 Aug 2023

Contributed by Lukas

Tom and Ryan look to U.S stocks this morning which have slipped as investors reflect on higher factory inflation. Meanwhile weaker Chinese figures cre...

Market Close 11 August 23: A cautious week

11 Aug 2023

Contributed by Lukas

The market ended the week down after 3 days of gains. Only 2 of the 11 sectors finished higher today, with energy having the biggest losses. US inflat...

Morning Report 11 Aug 23: Wall Street ends flat following U.S inflation data

10 Aug 2023

Contributed by Lukas

Tom and Ryan look into mixed performances from U.S stocks overnight despite a better reading on inflation. They unpack the latest results from the lux...

Market Close 10 August 23: Markets in wait and see mode

10 Aug 2023

Contributed by Lukas

The stock market was up for a third straight session despite only 5 sectors finishing higher. The energy sector was a clear winner with gains of over ...

Morning Report 10 Aug 23: Wall Street closes lower ahead of key U.S inflation data

09 Aug 2023

Contributed by Lukas

Tom and Ryan look to the U.S first this morning where investors are holding their breath ahead of key U.S inflation data out tonight. Meanwhile the AS...

Market Close 09 August 23: Market lifts as profit results ramp up

09 Aug 2023

Contributed by Lukas

Stevie and Laura are here to give you Wednesday’s closing market update. The market finished up today with 6 of the 11 sectors finishing higher. Fin...

Morning Report 09 Aug 23: Credit downgrades hit U.S regional banks

08 Aug 2023

Contributed by Lukas

Tom and Ryan start this morning with U.S regional banks which have seen some credit downgrades overnight. Ryan looks into a surprise bank tax announce...

Market Close 08 August 23: James Hardie a surprising driver of the market today

08 Aug 2023

Contributed by Lukas

Steve and Laura are back for the CommSec Market Update on a day where low consumer confidence may have contributed to a flat Australian market.  One ...

Morning Report 08 Aug 23: Dow jumps more than 400 points as U.S share markets snap 4 day losing streak

07 Aug 2023

Contributed by Lukas

Tom and Ryan deep dive into some of the biggest company results including Tyson Foods and Berkshire Hathaway, after the latter posted a record quarter...

Market Close 07 August 23: Slow start to the week

07 Aug 2023

Contributed by Lukas

The stock market started off the week down today with 6 of the 11 sectors finishing lower. Health care fell the most while real estate was the biggest...

Morning Report 07 Aug 23: Oil prices rise for sixth straight week

06 Aug 2023

Contributed by Lukas

Tom and Ryan look to Wall Street first this morning which has ended lower after a mixed U.S jobs report. Meanwhile Apple shares weigh on U.S markets. ...

Market Close 04 August 23: China tariff lift boosts market

04 Aug 2023

Contributed by Lukas

The market ended the week up after two days of declines. The sectors were mixed with 7 of the 11 sectors closing up, tech came out on top while health...

Morning Report 04 Aug 23: Russia and Saudi Arabia keep oil supplies tight

03 Aug 2023

Contributed by Lukas

Tom and Ryan look to U.S shares which have eased overnight ahead of key results from Apple and Amazon. Meanwhile Aussie shares are expected to open mo...

Market Close 03 August 23: Down day for Downer shares

03 Aug 2023

Contributed by Lukas

The market closed down for a second straight session with 10 of the 11 sectors seeing losses. Telecom was the only sector gaining today thanks to Tels...

Morning Report 03 Aug 23: U.S Government sees credit rating downgrade

02 Aug 2023

Contributed by Lukas

Tom and Ryan look at the downgrade of the U.S Government credit rating and what this means for the markets today. Meanwhile Aussie shares are expected...

Market Close 02 August 23: Worst day in a month

02 Aug 2023

Contributed by Lukas

The market was down today, finishing up with the worst day in a month. All 11 sectors were down today after all of them seeing gains yesterday. Travel...

Morning Report 02 Aug 23: U.S stocks tread water ahead of economic and corporate news

01 Aug 2023

Contributed by Lukas

Tom and Ryan look at U.S stocks which are treading water as investors await a flood of economic and corporate news. They discuss yesterdays RBA decisi...

Market Close 01 August 23: Market celebrates another pause in rate hikes

01 Aug 2023

Contributed by Lukas

August is off to a great start with the market ending higher and interest rates on hold for a second meeting. All 11 sectors finished in the green wit...

Morning Report 01 Aug 23: Previewing today's RBA rate decision

31 Jul 2023

Contributed by Lukas

Tom and Ryan start local today where the ASX is expected to start positive. Meanwhile they look at U.S performance for July which adds to 5 straight m...

Market Close 31 July 23: Nervy start ahead of possible rate hike

31 Jul 2023

Contributed by Lukas

It’s the first day of the week and the last day of the month, which means we’re looking back at July and looking ahead to August. The question on ...

Morning Report 31 July 23: Previewing tomorrows RBA interest rate decision

30 Jul 2023

Contributed by Lukas

Wall Street has pushed higher off the back of better than expected inflation figures. Meanwhile Aussie shares are expected to begin the week on the fr...

Market Close 28 July 23: Aussie shares retreat ahead of rate decision

28 Jul 2023

Contributed by Lukas

The winning streak is over with the Aussie sharemarket following the US lead, ending lower on Friday. The ASX/S&P 200 index fell by 52.3 points or...

Morning Report 28 July 23: Dow Jones misses 1897 record run

27 Jul 2023

Contributed by Lukas

Mixed results from the U.S overnight as the Dow Jones snaps its longest winning streak since 1987. Ryan looks into strong performance from fast food g...

Market Close 27 July 23: Aussie shares nearing record highs

27 Jul 2023

Contributed by Lukas

Chief economist Craig James is back once again for tonight’s market close update. Aussie shares continue to move towards record highs on Thursday  ...

Morning Report 27 July 23: U.S interest rates hit 22 year high

26 Jul 2023

Contributed by Lukas

Tom and Ryan unpack the rise in U.S interest rates to 5.5%, which is the highest in 22 years, and what this meant for the market. Meanwhile the ASX is...

Market Close 26 July 23: Market responds to inflation data with 5 month high

26 Jul 2023

Contributed by Lukas

The market closed in the green today, hitting a 5 month high. 8 of the 11 sectors finished up with materials on top once again and real estate on the ...

Morning Report 26 July 23: Dow Jones on best winning streak in 6 years

25 Jul 2023

Contributed by Lukas

The Dow Jones has performed well again hitting its best winning streak in 6 years. Meanwhile Wall Street has climbed on big tech enthusiasm. Ryan look...

Market Close 25 July 23: Market ends at 5 week high

25 Jul 2023

Contributed by Lukas

The market was back up after 2 days of losses, gaining almost half a percent. Despite the gains, only 4 of the 11 sectors ended in the green today, wi...

Morning Report 25 July 23: AMC up 30% following Barbenheimer phenomenon

24 Jul 2023

Contributed by Lukas

Tom and Ryan look into strong Dow Jones performance ahead of a week of earnings and economic data. They highlight AMC shares which have climbed off th...

Market Close 24 July 23: A cautious start to the week

24 Jul 2023

Contributed by Lukas

It’s a new week and the market has closed down by 0.10%. 7 of the 11 sectors ended higher despite the losses, with energy coming out on top and mate...

Morning Report 24 July 23: ASX shares to lift ahead of inflation data

23 Jul 2023

Contributed by Lukas

Craig joins Ryan today as they reflect on another milestone for the Dow Jones. Ryan looks into developments in Ukraine which could impact key commodit...

Market Close 21 July 23: A dull end to the week

21 Jul 2023

Contributed by Lukas

It was a bitter end to the week with the market closing down by 0.15%. 5 of the 11 sectors finished higher, energy was the best performer while tech t...

Morning Report 21 July 23: Dow’s longest winning streak since 2017

20 Jul 2023

Contributed by Lukas

Craig joins Tom this morning as they look at U.S stocks which posted mixed results off the back of the latest earnings figures. Craig looks at what re...