CommSec Market Update

Market Close 20 July 23: Jobs, jobs, jobs!

20 Jul 2023

Contributed by Lukas

The market closed up marginally today by just 0.02%, with 8 of the 11 sectors finishing lower. The health care sector came out on the bottom today whi...

Morning Report 20 July 23: Dow Jones 8th straight win

19 Jul 2023

Contributed by Lukas

Tom and Ryan look at the Dow Jones this morning which has jumped for its eighth straight winning day. Meanwhile U.K inflation cools offering some reli...

Market Close 19 July 23: Aussie market hits four week high

19 Jul 2023

Contributed by Lukas

The market was up on Wednesday after 3 day of losses. Only 2 of 11 sectors fell, led lower by miners. Banks were the standout for a 2nd day while ener...

Morning Report 19 July 23: Dow Jones posts longest winning streak since 2021

18 Jul 2023

Contributed by Lukas

U.S stocks advance overnight spurred by solid bank earnings and tech strength. Meanwhile oil prices climb on the back of expected economic support in ...

Market Close 18 July 23: What’s next for interest rates?

18 Jul 2023

Contributed by Lukas

The market closed lower for a second session with 7 of the 11 sectors in the red. Healthcare and financials were on top today, with companies such as ...

Morning Report 18 July 23: Wall Street gains as investors await company reports

17 Jul 2023

Contributed by Lukas

Tom and Ryan look to U.S stocks which posted pensive gains overnight. Meanwhile Aussie shares are expected to fall ahead of todays Reserve Bank meetin...

Market Close 17 July 23: How a sluggish Chinese economy hurts our market

17 Jul 2023

Contributed by Lukas

A new week has begun with the market ending it’s 4 day winning streak, closing just 0.06% down. 7 of the sectors finished higher despite today’s l...

Morning Report 17 July 23: New era for the RBA

16 Jul 2023

Contributed by Lukas

Tom and Ryan look at Wall Street’s Friday performance and what that means for the upcoming week. They discuss the ramifications of the new RBA appoi...

Market Close 14 July 23: Best week of the year

14 Jul 2023

Contributed by Lukas

The market saw another day of gains on Friday with 9 of the 11 sectors lifting. This lead to the best week for the market since November last year. Mi...

Morning Report 14 July 23: RBA Governor Philip Lowe to depart

13 Jul 2023

Contributed by Lukas

U.S stocks have lifted yet again off the back of better than expected inflation figures. Meanwhile Aussie shares have lifted as well in response. Ryan...

Market Close 13 July 23: Best day in 6 months for Aussie market

13 Jul 2023

Contributed by Lukas

The Australian share market has enjoyed its best day in 6 months off the back of an encouraging inflation slowdown in the U.S overnight. Meanwhile Chi...

Morning Report 13 July 23: Wall Street celebrates better than expected inflation figures

12 Jul 2023

Contributed by Lukas

The team look to Wall Street first this morning where they're celebrating better than expected inflation figures. Ryan looks at Aussie shares which ar...

Market Close 12 July 23: Will US inflation move markets?

12 Jul 2023

Contributed by Lukas

The Aussie market extended its gains to a second session with 8 of the 11 markets lifting. Tech company Megaport was the top performer for a second d...

Morning Report 12 July 23: Wall Street ends higher ahead of inflation data

11 Jul 2023

Contributed by Lukas

The team start with U.S shares this morning which have ended higher ahead of key inflation data. Tom looks into U.K wage growth which has hit record h...

Market Close 11 July 23: Best day in 6 months!

11 Jul 2023

Contributed by Lukas

The market ended up today by 1.50% after 4 days of losses. All sectors gained today with tech coming out on top, thanks to Megaport's shares being up ...

Morning Report 11 July 23: U.S shares snap 3-day losing streak

10 Jul 2023

Contributed by Lukas

U.S shares snap a 3 day losing streak as traders await inflation data. Ryan looks at some key chipmaker shares off the back of U.S/China talks. In Aus...

Market Close 10 July 23: Market hits fresh 3.5 month low

10 Jul 2023

Contributed by Lukas

The market saw declines for a fourth session today, dipping to just 7004 points. Tech was the only sector to gain today, with consumer staples worst o...

Morning Report 10 July 23: U.S stocks retreat ahead of rate hike fears

09 Jul 2023

Contributed by Lukas

U.S stocks continue to retreat overnight as job figures point to more rate hikes. The ASX 200 is set to kick off in positive territory today having su...

Market Close 07 July 23: Worst week in 9 months

07 Jul 2023

Contributed by Lukas

The Aussie market tumbled by 1.7% today, following a negative lead from Wall Street after economic data pointed to more rate hikes than previously exp...

Morning Report 07 July 23: Stronger jobs data fuels interest rate concerns

06 Jul 2023

Contributed by Lukas

Wall Street records sharps losses as labour market strength stokes rate hike fears. And Australian shares look set to end the week in a disappointing ...

Market Close 06 July 23: Worst day in two weeks

06 Jul 2023

Contributed by Lukas

Stevie and Laura are back for the Thursday market close update. It was another day of losses for the ASX 200, with tech being the only sector seeing m...

Morning Report 06 July 23: Meta goes toe to toe with Twitter

05 Jul 2023

Contributed by Lukas

The team look to the U.S this morning where markets have reopened after the Independence Day holiday. Meanwhile the Australian sharemarket is expected...

Market Close 05 July 23: 3-Day winning streak comes to an end

05 Jul 2023

Contributed by Lukas

Laura is back with Stevie once again for the CommSec Market Update, returning on a day where the ASX has taken a dip.  With US markets closed overnig...

Morning Report 05 July 23: RBA hits pause on interest rates

04 Jul 2023

Contributed by Lukas

With Wall Street closed for Independence Day Tom and Ryan look to the European markets this morning. Ryan unpacks the RBA’s decision to pause rate h...

Market Close 04 July 23: Shares jump while interest rates stay steady

04 Jul 2023

Contributed by Lukas

Stevie is flying solo for tonights market close update. The market closed up for a third session along with 6 of the 11 sectors. This was after the hi...

Morning Report 04 July 23: Wall Street closes early for Independence Day

03 Jul 2023

Contributed by Lukas

Ryan digs into some housing data this morning and also looks at pay increases which are on the rise. Meanwhile it was a quiet session on Wall Street a...

Market Close 03 July 23: Positive start to new financial year

03 Jul 2023

Contributed by Lukas

The new financial year is off to a good start with the first day of ending with a positive finish. 9 of the 11 sectors also finished in the green with...

Morning Report 03 July 23: Wall Street celebrates lower inflation reading

02 Jul 2023

Contributed by Lukas

Tom and Ryan look to the U.S where Wall Street celebrates following a lower inflation reading. Back in Australia house price gains ease as further rat...

Market Close 30 June 23: Aussie stocks lift almost 10% over year

30 Jun 2023

Contributed by Lukas

It’s new financial years eve and the market celebrated by finishing in the green, along with 8 of the 11 sectors. The market ended in positive terri...

Morning Report 30 June 23: Further U.S rate hikes and EOFY!

29 Jun 2023

Contributed by Lukas

Tom and Ryan look to the U.S first where investors have held their nerve overnight as the head of the Federal Reserve hints at more rate hikes. The te...

Market Close 29 June 23: Market fades as spending surges

29 Jun 2023

Contributed by Lukas

The one and only Steve Daghlian has returned just in time for this week’s Thursday closing update. The market finished ever so slightly down today, ...

Morning Report 29 June 23: Stocks consolidate as central bankers talk up interest rates

28 Jun 2023

Contributed by Lukas

Tom and Ryan look at U.S stocks which have consolidated overnight as central bankers continue to talk up interest rates. Tom looks into potential U.S ...

Market Close 28 June 23: Investors celebrate win in the battle against inflation

28 Jun 2023

Contributed by Lukas

The market is making back some of last weeks losses after two straight days of gains. The monthly report on consumer prices showed the annual inflatio...

Morning Report 28 June 23: Investors flock back to tech shares

27 Jun 2023

Contributed by Lukas

Tom and Ryan look to the U.S first this morning where investors have piled back into tech shares on Wall Street overnight. Meanwhile European shares h...

Market Close 27 June 23: CKF shares were finger lickin’ good

27 Jun 2023

Contributed by Lukas

Laura is joined by Craig for your Tuesday market close update. The market broke its four day losing streak today, gaining 0.56%. 6 of the 11 sectors a...

Morning Report 27 June 23: Global stocks ease over growth concerns

26 Jun 2023

Contributed by Lukas

Tom and Ryan take closer look at the market implications of geopolitical tensions in Russia. Meanwhile global stocks have eased with concerns over gro...

Market Close 26 June 23: Whiskey producer share price sours

26 Jun 2023

Contributed by Lukas

The last week of this financial year is here and it has started with the ASX200 dropping for a fourth straight session. Only 2 of the 11 sectors manag...

Morning Report 26 June 23: How will failed Russian coup impact markets?

25 Jun 2023

Contributed by Lukas

Tom and Ryan look at U.S and European stocks this morning which have faltered at the prospect of lower growth and higher interest rates. They highligh...

Market Close 23 June 23: Biggest weekly decline in three months

23 Jun 2023

Contributed by Lukas

It’s another bad day for the market with the ASX closing down, with only 18 of the 200 shares gaining. 9 of the 11 sectors were also in the red with...

Morning Report 23 June 23: Tech stocks drive Wall Street higher

22 Jun 2023

Contributed by Lukas

Technology stocks have driven Wall Street higher overnight as Federal Reserve Chair Jerome Powell wraps up his testimony. Meanwhile the Bank of Englan...

Market Close 22 June 23: Biggest fall this month

22 Jun 2023

Contributed by Lukas

Craig and Laura are back with the Thursday market closing update. The market closed significantly lower today along with all of the 11 sectors. If the...

Morning Report 22 June 23: U.S Central Bank hints at further rate hikes

21 Jun 2023

Contributed by Lukas

Tom and Ryan look to Wall Street this morning with a sell off as Fed Chair Powell hints at further hikes. Meanwhile stubborn U.K inflation turns the h...

Market Close 21 June 23: Shares soften as airlines encounter turbulence

21 Jun 2023

Contributed by Lukas

Join Laura and Craig for the Wednesday evening market update. The ASX closed down today after 7 days of gains along with 10 of the 11 sectors. Multipl...

Morning Report 21 June 23: Wall Street ends lower ahead of Powell speech

20 Jun 2023

Contributed by Lukas

Tom and Ryan look to the U.S where shares are down as investors look towards two consecutive days of testimony from the head of the Federal Reserve Je...

Market Close 20 June 23: Shares lift on interest rate hopes

20 Jun 2023

Contributed by Lukas

Laura is joined by CommSec Chief Economist Craig James to give you update you on Tuesday’s market performance. The market closed up for a 7th straig...

Morning Report 20 June 23: Investors fret as China drags feet over growth support

19 Jun 2023

Contributed by Lukas

With Wall Street closed overnight, Tom and Ryan look at Europes response to global growth concerns. Plus the team look locally into the RBA minutes as...

Market Close 19 June 23: Aussie shares buck the trend

19 Jun 2023

Contributed by Lukas

Craig joins Laura today as they unpack the Australian sharemarket which defied a negative lead from Wall Street to post firm gains on Monday. Meanwhil...

Morning Report 19 June 23: US share market halts winning run

18 Jun 2023

Contributed by Lukas

It’s a new week and Tom and Ryan are back for another morning report. They discuss the conversations around the market, the future of rate rises, AI...

Market Close 16 June 23: Best day in 2 months

16 Jun 2023

Contributed by Lukas

Laura is back to tell us which markets performed best this week and Chief economist Craig James looks at what market moving events are scheduled for n...

Morning Report 16 June 23: European Central Bank hikes rates

15 Jun 2023

Contributed by Lukas

Tom and Ryan look to Europe this morning where the European Central Bank has hiked interest rates. Meanwhile Wall Street continues to build on earlier...

Market Close 15 June 23: Aussie shares absorb big hike in jobs

15 Jun 2023

Contributed by Lukas

Laura is once again joined by Chief Economist, Craig James for today’s market close update. The Australian sharemarket took a strong employment resu...

Morning Report 15 June 23: U.S Federal Reserve holds rates steady

14 Jun 2023

Contributed by Lukas

Wall Street stocks end mixed after U.S Federal Reserve signals more rate hikes. Tom looks into some key health stocks, Ryan looks at some data out of ...

Market Close 14 June 23: Aussie market lifts ahead of key US rate decision

14 Jun 2023

Contributed by Lukas

Chief economist Craig James is back with Laura for tonight’s closing update. The market closed higher today, thanks to the success of mining compani...

Morning Report 14 June 23: Inflation relief pushes stocks higher

13 Jun 2023

Contributed by Lukas

Tom and Ryan discuss the latest moderation in U.S inflation that helped push stocks higher overnight. Meanwhile Iron Ore prices jump on the back of a ...

Market Close 13 June 23: Domino’s feeling the heat in the kitchen

13 Jun 2023

Contributed by Lukas

Laura is joined by CommSec’s chief economist Craig James for this evenings closing update. It was a pleasant start to the short week with the market...

Morning Report 13 June 23: Wall Street advances on interest rate hopes

12 Jun 2023

Contributed by Lukas

Wall Street hits 13 month high in anticipation of a pause of interest rates. Meanwhile important inflation data to be released tonight for U.S markets...

Market Close 09 June 23: A better end to a rocky week

09 Jun 2023

Contributed by Lukas

Stevie and Laura are back to finish off what was a rollercoaster week for the market. The Aussie market pushed higher for the first time since Monday,...

Morning Report 09 June 23: Interest rate hopes push Wall St higher

08 Jun 2023

Contributed by Lukas

Tom is joined by Ryan ahead of the long weekend to discuss how a moderating economy impacted US stocks overnight, the reaction by European investors a...

Market Close 08 June 23: Third straight day of losses

08 Jun 2023

Contributed by Lukas

Stevie and Laura are back for your Thursday evening update. The market is down for a third straight session, along with 6 of the 11 sectors. Retailers...

Morning Report 08 June 23: Did international rate hikes impact the market?

07 Jun 2023

Contributed by Lukas

Tom is joined by chief economist Craig (off the reserve bench) this morning following a lower finish for US stocks.  They discuss an unexpected rate ...

Market Close 07 June 23: Market runs out of steam

07 Jun 2023

Contributed by Lukas

Join Stevie and Laura for the market close update! The market was ever so slightly down today, along with 7 of the 11 sectors. This comes a day after ...

Morning Report 07 June 23: Golf stocks up after PGA & LIV merger

06 Jun 2023

Contributed by Lukas

A handful of golf stocks are up following the merger of rivals LIV Golf and PGA. Meanwhile financials lead U.S share market gains. In Australia shares...

Market Close 06 June 23: Yet another surprise rate hike

06 Jun 2023

Contributed by Lukas

Stevie and Laura are back with your market closing update. The market closed in the red for the first time this month, along with 10 of the 11 sectors...

Morning Report 06 June 23: Aus shares in focus ahead of RBA meeting

05 Jun 2023

Contributed by Lukas

Tom and Ryan look to the U.S where stocks fade as signs of moderating economic growth wade on sentiment. In Australia shares are expected to fall ahea...

Market Close 05 June 23: Best day in 8 weeks

05 Jun 2023

Contributed by Lukas

It’s the start of another week, which means Laura and Stevie are back with the closing market update. The market has closed up for the third straigh...

Morning Report 05 June 23: ASX to open on a strong footing

04 Jun 2023

Contributed by Lukas

U.S markets surge off the back of strong May employment data. Meanwhile the U.S avoids a debt default with the debt ceiling resolved. And ASX energy s...

Market Close 02 June 23: Second straight day of gains

02 Jun 2023

Contributed by Lukas

The market has closed in the green for a second straight day. 6 of the 11 sectors finished higher. The Fair Work Commission announced a 5.75% to minim...

Morning Report 02 June 23: Wall Street rallies on debt ceiling progress

01 Jun 2023

Contributed by Lukas

U.S stocks advance off the back of debt ceiling progress with tech stocks leading the way. A softer U.S dollar points to improvements for mining and e...

Market Close 01 June 23: A positive start to the month

01 Jun 2023

Contributed by Lukas

It’s the start of another month and Stevie and Laura are here for your closing market update! The market took a turn and closed in the green today, ...

Morning Report 01 June 23: Aussie shares lower with home prices in focus

31 May 2023

Contributed by Lukas

Tom and Ryan examine U.S debt ceiling negotiations where Wall Street is retreating in response. Meanwhile tech shares continues performing strongly. I...

Market Close 31 May 23: Aussie market has its worst day in almost three months

31 May 2023

Contributed by Lukas

Laura and Stevie are back with your Wednesday evening update and it's a big one! It was a bad end to the month with the market closing significantly d...

Morning Report 31 May 23: Republicans resisting U.S debt ceiling deal

30 May 2023

Contributed by Lukas

Tom and Ryan look to the U.S where markets remain pensive as some Republicans resist the debt ceiling deal. Meanwhile energy stocks are amongst the wo...

Market Close 30 May 23: All eyes shift to inflation

30 May 2023

Contributed by Lukas

Stevie and Laura a back on this Tuesday evening for your market close update. Yesterday’s gains didn’t last long with the market closing in the re...

Morning Report 30 May 23: US Markets closed but rocky road ahead for debt ceiling deal

29 May 2023

Contributed by Lukas

While Wall Street closes for a public holiday, markets await debt a ceiling handshake deal to pass through congress. Tom looks at a handful of Europea...

Market Close 29 May 23: Best day in 7 weeks for the Aussie market

29 May 2023

Contributed by Lukas

We’re back for another Monday evening update and the market has seen it’s strongest gains since April. 9 of the 11 sectors rose and the US debt ce...

Morning Report 29 May 23: Wall Street surges on debt ceiling progress

28 May 2023

Contributed by Lukas

Market relief after a breakthrough on the U.S debt ceiling issue overnight, and Tom looks at the ripple affects back here in Australia. Meanwhile A.I ...

Market Close 26 May 23: AI boom drives tech gains

26 May 2023

Contributed by Lukas

The market is celebrating the end of the week with a positive close. Mining stocks have bounced back after five days of losses but tech stocks were th...

Morning Report 26 May 23: Nvidia approaching trillion dollar club

25 May 2023

Contributed by Lukas

Technology stocks lead Wall Street higher overnight with chip maker Nvidia forecasting revenue 50% higher than expected. U.S debt ceiling talks remai...

Market Close 25 May 23: Market sinks to two month low

25 May 2023

Contributed by Lukas

The Aussie sharemarket fell by more than 1%, hitting a 2-month low and extending its losing streak to a fourth day. Treasury Wine Estates was the wors...

Morning Report 25 May 23: Time running out for debt ceiling agreement

24 May 2023

Contributed by Lukas

Another failed debt ceiling talk continues to affect the markets. Meanwhile the Federal Reserve raises concerns about lack of progress with inflation ...

Market Close 24 May 23: Retailers hit by penny conscious youth

24 May 2023

Contributed by Lukas

Stevie and Laura are here to give you Wednesday’s closing market updates. The market closed in the red today, along with 8 of the 11 sectors. Webjet...

Morning Report 24 May 23: U.S debt ceiling stalemate continues

23 May 2023

Contributed by Lukas

Debt ceiling deadlock weighs on Wall Street once again. Tom and Ryan also look at under pressure European luxury good makers. In Australia travel agen...

Market Close 23 Month 23: Is Qantas flying high yet again?

23 May 2023

Contributed by Lukas

Chief economist Craig James is back with Laura tonight for the closing updates. The market closed in the negative today and the debt ceiling talks in ...

Morning Report 23 May 23: Pfizer shares rally off the back of new weight loss pill

22 May 2023

Contributed by Lukas

Tom and Ryan look to the U.S first where Wall Street remains pensive ten days out from debt ceiling default. China has banned the sale of U.S Micron T...

Market Close 22 May 23: Overhaul of buy now, pay later sector

22 May 2023

Contributed by Lukas

Stevie and Laura are here to give you today’s closing updates. The market is down again this Monday evening after ending last week on a high. Energy...

Morning Report 22 May 23: Investors remain pensive as debt ceilings talks continue

21 May 2023

Contributed by Lukas

Tom and Ryan talk the U.S debt ceiling stalemate and how it’s affecting the markets. Foot Locker shares plunge off the back of tough outlook. Potent...

Market Close 19 May 23: Strongest gains in two weeks

19 May 2023

Contributed by Lukas

The week has come to a close, and Laura and Stevie are here to give you the updates. The ASX lifted today and finished the week up 0.3%. Tech stood ou...

Morning Report 19 May 23: AI and chip stocks lead Nasdaq higher

18 May 2023

Contributed by Lukas

Tom and Ryan look to the U.S markets this morning where tech stock leads encouraging gains. Meanwhile the Japanese Government has thrown its support b...

Market Close 18 May 23: Tech stocks surge on better earnings

18 May 2023

Contributed by Lukas

You’re in for a treat this Thursday with Laura being joined by the one and only Tom Piotrowski for the closing update. The market ended high today, ...

Morning Report 18 May 23: US markets lift in hopes of debt ceiling agreement

17 May 2023

Contributed by Lukas

U.S Regional Banks show strong recovery in biggest one day gain since January 2021. Big Box retailers display resilience despite sluggish earnings exp...

Market Close 17 May 23: Wages are up and the market is down

17 May 2023

Contributed by Lukas

Join Laura and Stevie as they give us Wednesday’s market close updates. Wages are up and the market is down for a second day in a row. Miners and ba...

Morning Report 17 May 23: Home Depot posts worst revenue miss in 20 years

16 May 2023

Contributed by Lukas

It's all about big box stores this morning as Tom and Ryan explore Home Depot’s earnings prediction miss which was the worst in 20 years. This despi...

Market Close 16 May 23: Market on edge ahead of wage data announcement

16 May 2023

Contributed by Lukas

Laura and Craig are back again this evening for Tuesday’s closing updates. The winning streak didn’t last with the market back down by 0.4%. Mater...

Morning Report 16 May 23: U.S markets tread water over debt debt ceiling stalemate

15 May 2023

Contributed by Lukas

Tom and Ryan take a deep dive into the U.S market this morning where traders are pensive as politicians navigate a debt ceiling stalemate. In a surpri...

Market Close 15 May 23: Golden day for Aussie share market

15 May 2023

Contributed by Lukas

Steve is joined by Craig James, Chief Economist at CommSec today as they give you Monday’s closing market updates. The gains continued this week wit...

Morning Report 15 May 23: Markets brace for a big week of economic updates

14 May 2023

Contributed by Lukas

Tom and Ryan look to the U.S where share markets have fallen slightly on Friday with weaker consumer confidence. Meanwhile the Peoples Bank of China i...

Market Close 12 May 23: Aussie market narrowly snaps 3 week losing streak

12 May 2023

Contributed by Lukas

Steve and Laura are back on this Friday night with the last update for the week. As expected, the market closed in positive territory tonight, snappin...

Morning Report 12 May 23: Elon Musk to step down as Twitter CEO

11 May 2023

Contributed by Lukas

Tom and Ryan look to Wall Street where markets have struggled to advance despite a better reading on inflation. Meanwhile US unemployment increases to...

Market Close 11 May 23: Lithium miners dominate winners list

11 May 2023

Contributed by Lukas

Join Steve and Laura as they give you today’s closing market updates. Unsurprisingly, the market is down for the third straight day, but not by much...

Morning Report 11 May 23: Australian lithium merger creates global player

10 May 2023

Contributed by Lukas

Tom and Ryan look at important inflation figures from the U.S overnight as Wall Street treads water. Slowing inflation and AI boost tech stocks. A mer...