CommSec Market Update

Morning Report 01 Aug 25: US shares end July on the back foot

31 Jul 2025

Contributed by Lukas

Wall Street retreated overnight despite upbeat earnings from major tech stocks. Microsoft hit a $4 trillion market cap after beating earnings expectat...

Market Close 31 Jul 25: Four months of gains for Aussie stocks

31 Jul 2025

Contributed by Lukas

The month has ended up overall.  Laura and Stevie reflect on four months of improvements despite the local market dropping slightly today.  ...

Morning Report 31 Jul 25: Wall Street slumps on Fed caution

30 Jul 2025

Contributed by Lukas

Wall Street closed lower as Fed Chair Jerome Powell tempered expectations for a September rate cut. The Federal Reserve held interest rates steady des...

Market Close 30 Jul 25: Record highs in sight as inflation cools

30 Jul 2025

Contributed by Lukas

The Aussie market surged after quarterly inflation came in softer than expected, pushing interest rate cut odds beyond 100% and leaving the ASX just f...

Morning Report 30 Jul 25: S&P 500 snaps six-day winning streak as bonds climb

29 Jul 2025

Contributed by Lukas

Wall Street snapped a six-day winning streak overnight, as investors turned cautious ahead of the highly anticipated Federal Reserve meeting. Industri...

Market Close 29 Jul 25: Inflation, trade talks, and earnings in focus

29 Jul 2025

Contributed by Lukas

The market has tread water again today only inching slightly higher toward the end of the session, likely fuelled by the fact that we are in for a hug...

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

28 Jul 2025

Contributed by Lukas

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...

Market Close 28 Jul 25: Aussie shares edge up in calm before the storm

28 Jul 2025

Contributed by Lukas

The Aussie market edged higher to kick off what's shaping up to be one of the biggest weeks of the year, with major earnings, inflation data and a US ...

Morning Report 28 Jul 25: Better earnings help push Wall Street to new record highs

27 Jul 2025

Contributed by Lukas

Wall Street closed the week at fresh record highs, driven by strong corporate earnings and easing concerns about interest rates. Among the earnings st...

Market Close 25 Jul 25: A huge week ahead

25 Jul 2025

Contributed by Lukas

The Aussie market slipped on Friday as miners gave back gains and financials dragged, capping a choppy week that saw markets flirt with record highs. ...

Morning Report 25 Jul 25: Stocks close at record highs as alphabet fuels AI hopes

24 Jul 2025

Contributed by Lukas

It was a mixed bag of earnings overnight.  Tom and Ryan unpack the US session with bond yields increasing while the US dollar dropped, and the S&...

Market Close 24 Jul 25: Aussie stocks dip on RBA comments

24 Jul 2025

Contributed by Lukas

The Aussie market snapped its winning streak despite a strong US lead, with the ASX200 turning lower after RBA Governor Michele Bullock warned inflati...

Morning Report 24 Jul 25: US shares hit record highs on hopes for trade deal

23 Jul 2025

Contributed by Lukas

Encouraging trade news and earnings numbers that have bettered expectations have resulted in new record highs for the US market overnight. Tom and Rya...

Market Close 23 Jul 25: Trade deals spur market gains

23 Jul 2025

Contributed by Lukas

The Aussie market climbed around 0.75% on Wednesday, edging closer to another all-time high. Gains were broad-based, with banks rebounding and miners ...

Morning Report 23 Jul 25: US stocks hold at record highs before Mega Cap results

22 Jul 2025

Contributed by Lukas

Tech names underperformed last night but there was ultimately little change across the broader market.  Tariffs continued to gain attention with ...

Market Close 22 Jul 25: Banks and miners play tug of war

22 Jul 2025

Contributed by Lukas

The market has tread water today with the banking and mining sector heading in opposite directions.  Laura and Stevie reflect on a session which ...

Morning Report 22 Jul 25: Earnings push Wall Street to new record highs

21 Jul 2025

Contributed by Lukas

Wall Street briefly touched new record highs overnight, but those gains faded by the close as investor sentiment shifted on renewed trade uncertainty....

Market Close 21 Jul 25: Banks drag ASX from record high

21 Jul 2025

Contributed by Lukas

The Aussie sharemarket kicked off the week on the back foot, with a sharp decline wiping out much of Friday’s record-setting rally. Financials w...

Morning Report 21 Jul 25: Tariff talk keeps a lid on Wall Street

20 Jul 2025

Contributed by Lukas

U.S. stocks closed the week on a mixed note as investors weighed the next steps on trade tariffs. In company news, 3M slumped on concerns about the im...

Market Close 18 Jul 25: Aussie market cracks 8700 points for the first time

18 Jul 2025

Contributed by Lukas

The Aussie market has done it again!  Laura and Stevie excitedly join us today for an update that saw the Aussie market continue to push higher f...

Morning Report 18 Jul 25: Earnings and economic updates push Wall Street to new record highs

17 Jul 2025

Contributed by Lukas

Wall Street surged to new record highs overnight, buoyed by strong earnings results and upbeat economic data. Better-than-expected retail sales figure...

Market Close 17 Jul 25: Unexpected jobs data fuels a new record high

17 Jul 2025

Contributed by Lukas

The market has set a new record high today with a boost that recovered the losses of yesterday.  Laura and Stevie monitor this record move in rea...

Morning Report 17 Jul 25: Talk of sacking Powell spooks markets

16 Jul 2025

Contributed by Lukas

Wall Street rebounded after mid-session volatility, buoyed by reports that President Trump has discussed replacing Fed Chair Jerome Powell. In corpora...

Market Close 16 Jul 25: Worst day in close to 2 months for Aussie stocks

16 Jul 2025

Contributed by Lukas

The Aussie market snapped its winning streak on Wednesday, falling 0.8% in its worst session in around 10 weeks. Stevie and Laura break down the drive...

Morning Report 16 Jul 25: Stocks lower as trade concerns weigh on sentiment

15 Jul 2025

Contributed by Lukas

US and European markets closed lower as investors weighed fresh economic data and corporate earnings. Chipmakers like Nvidia posted gains after the US...

Market Close 15 Jul 25: Aussie market almost tastes record high

15 Jul 2025

Contributed by Lukas

The Aussie sharemarket surged today, coming within just seven points of a record high. All sectors except mining finished in positive territory, with ...

Morning Report 15 Jul 25: Wall Street weathers latest trade developments

14 Jul 2025

Contributed by Lukas

US and European stocks wavered overnight as investors weighed the impact of new trade measures. A 30% tariff on Mexican and European imports sent shar...

Market Close 14 Jul 25: Bitcoin hits a new peak

14 Jul 2025

Contributed by Lukas

It has been another directionless session for the Aussie market but the week ahead may offer some direction.  Laura and Stevie unpack the session...

Morning Report 14 Jul 25: Global stocks moderate as investors brace for new tariffs

13 Jul 2025

Contributed by Lukas

US markets ended the week lower, retreating from record highs as investors braced for the latest tariff developments out of Washington. In some compan...

Market Close 11 Jul 25: US rare earth investment pushes miners higher

11 Jul 2025

Contributed by Lukas

It has been a quiet day for the Aussie market, but some rare earth stocks have been standouts.  Stevie is solo to reflect on the session which ha...

Morning Report 11 Jul 25: Wall Street hits fresh record highs

10 Jul 2025

Contributed by Lukas

Wall Street rallied overnight, with the S&P 500 and Nasdaq hitting fresh record highs as investors shrugged off tariff concerns. Delta Airlines bo...

Market Close 10 Jul 25: What potential 200% pharmaceutical tariffs meant for healthcare

10 Jul 2025

Contributed by Lukas

The market has reversed the losses of yesterday and is on track for the best day in more than two weeks.  Laura is solo to reflect on the session...

Morning Report 10 Jul 25: Nasdaq closes at record high, driven by Nvidia

09 Jul 2025

Contributed by Lukas

Wall Street surged as trade concerns eased, with the tech sector—particularly the Nasdaq—leading the gains. Nvidia made headlines by becom...

Market Close 09 Jul 25: Copper stocks slump on tariff threats

09 Jul 2025

Contributed by Lukas

Tariffs continue to lead the conversation today as Laura and Stevie unpack the worst day for the Aussie market in around 9 weeks.  Despite being ...

Morning Report 09 Jul 25: US stocks hit a wall as Trump’s remarks lift copper

08 Jul 2025

Contributed by Lukas

Wall Street stalled overnight amid a lack of investor conviction, with banks leading the declines as HSBC adopted a more cautious stance. US Treasury ...

Market Close 08 Jul 25: RBA shocks with interest rate decision

08 Jul 2025

Contributed by Lukas

The market has dropped slightly today but the drops could have been more significant with the expected rate cut not coming to fruition.  Laura an...

Morning Report 08 Jul 25: Stocks sink as Trump’s tariff plans boost dollar

07 Jul 2025

Contributed by Lukas

Wall Street pulled back from record highs as fresh trade concerns rattle investors. President Trump has announced steep tariffs on five countries...

Market Close 07 Jul 25: Is Trump extending the tariff deadline?

07 Jul 2025

Contributed by Lukas

Laura is back with Stevie today and kicks things off with some controversy discussing Trump’s tariff deadline not coming to fruition.  They...

Morning Report 07 Jul 25: Aussie stocks to open flat ahead of tariff D-day

06 Jul 2025

Contributed by Lukas

It was a subdued end to the week for U.S. markets, with Wall Street closed on Friday for Independence Day. Across the Atlantic, European stocks finish...

Market Close 04 Jul 25: Fresh record closing high for Aussie stocks

04 Jul 2025

Contributed by Lukas

It has been another quiet session, but the market continues to hold its place near the record high.  Steve reflects on what has been 8 sessions o...

Morning Report 04 Jul 25: S&P 500 and Nasdaq close at record highs on jobs data

03 Jul 2025

Contributed by Lukas

Wall Street surged to new record highs as growth concerns faded, with tech shares leading the gains on the S&P 500. A surprise in US jobs data sen...

Market Close 03 Jul 25: Market takes a breather following record high

03 Jul 2025

Contributed by Lukas

Following a record high yesterday the market has paused for breath again today.  Steve reflects on a week which has ultimately continued to tread...

Morning Report 03 Jul 25: S&P 500 and NASDAQ hit record highs on Vietnam trade deal

02 Jul 2025

Contributed by Lukas

Wall Street climbed to fresh record highs, with the S&P 500 and NASDAQ lifted by renewed trade optimism. Nike shares surged on signs of progress i...

Market Close 02 Jul 25: The best day in a week

02 Jul 2025

Contributed by Lukas

It is the best day of the week for the Aussie market as the ASX is on the cusp of cracking a fresh record high following 5 days of very little movemen...

Morning Report 02 Jul 25: Wall Street holds near record highs

01 Jul 2025

Contributed by Lukas

Wall Street consolidated overnight as investors weighed the potential impact of the so-called 'big beautiful bill' on the U.S. deficit. Economic data ...

Market Close 01 Jul 25: Cautious start to July for Aussie stocks

01 Jul 2025

Contributed by Lukas

It has been a decent start to the new financial year for the Aussie market with the ASX managing gains through the session which ultimately relaxed as...

Morning Report 01 Jul 25: New Wall Street records mark best quarter since 2023

30 Jun 2025

Contributed by Lukas

Wall Street wrapped up the month, quarter, and financial year at record highs, posting double-digit gains over the past 12 months, fueled by progress ...

Market Close 30 Jun 25: Best financial year since 2021

30 Jun 2025

Contributed by Lukas

It was a solid end to the financial year for Aussie stocks but the record high was again just out of reach.  Steve reflects on what was a ‘...

Morning Report 30 Jun 25: Signs of trade progress push Wall Street to new record highs

29 Jun 2025

Contributed by Lukas

Encouraging signs of easing inflation have lifted rate cut hopes and sent US markets to fresh record highs. Investors were further buoyed by comments ...

Market Close 27 Jun 25: Investors get cold feet as record approaches

27 Jun 2025

Contributed by Lukas

The market has not managed to crack the record high today with the session starting strong but ultimately dropping slightly as the day went on.  ...

Morning Report 27 Jun 25: US shares flirt with record highs

26 Jun 2025

Contributed by Lukas

Hopes for lower interest rates pushed US stocks to record highs overnight, with falling yields providing a particular boost to technology shares. Econ...

Market Close 26 Jun 25: Tentative trade as record approaches

26 Jun 2025

Contributed by Lukas

It has been another quiet day for the ASX today with this being the second day where the market has paused for breath with investors likely monitoring...

Morning Report 26 Jun 25: Wall Street ends mixed as Nvidia sets record high

25 Jun 2025

Contributed by Lukas

Wall Street ended broadly flat overnight, supported by strength in tech stocks and optimism over potential rate cuts. Nvidia hit a fresh record high, ...

Market Close 25 Jun 25: What could inflation data mean for a potential rate cut

25 Jun 2025

Contributed by Lukas

Off the back of a session yesterday where the market saw gains and neared a record high the session today has been more reserved and remained mostly f...

Morning Report 25 Jun 25: US markets rise on news of Iran-Israel ceasefire

24 Jun 2025

Contributed by Lukas

Global markets rallied and investors celebrated after news of a ceasefire between Iran and Israel. The Dow Jones jumped 500 points, the S&P 500 ed...

Market Close 24 Jun 25: Aussie market recoups losses amid easing geopolitical tensions

24 Jun 2025

Contributed by Lukas

The Aussie market has pushed higher today recouping the modest losses of the past five sessions.  Steve discusses this session and the part that ...

Morning Report 24 Jun 25: Plunging oil and talk of rate cuts push stocks higher

23 Jun 2025

Contributed by Lukas

Global equity markets seesawed as investors weighed the latest geopolitical developments, with some relief following Iran’s measured response ea...

Market Close 23 Jun 25: US attack on Iran keeps markets cautious

23 Jun 2025

Contributed by Lukas

The Aussie market has followed the recent losing streak and entered the fifth day of declines today, but the declines have been modest.  Stevie i...

Morning Report 23 Jun 25: Investors on edge following Mideast escalation

22 Jun 2025

Contributed by Lukas

Global markets are bracing for volatility following U.S. military strikes on Iranian nuclear facilities, prompting a flight to safe-haven assets such ...

Market Close 20 Jun 25: 5-week winning streak comes to abrupt end for Aussie market

20 Jun 2025

Contributed by Lukas

The market has remained mostly flat for over a week now as war continues in the Middle East.  Stevie is solo to reflect on this cautious market s...

Morning Report 20 Jun 25: US futures drop as Trump weighs strikes on Iran

19 Jun 2025

Contributed by Lukas

Both US and European markets ended lower amid rising geopolitical concerns, with US financial markets closed for a public holiday. In Europe, central ...

Market Close 19 Jun 25: 7 days of minimal movement for the Aussie market

19 Jun 2025

Contributed by Lukas

The market has remained completely flat today following seven days of almost no moves at all.  Stevie is solo to reflect on the cautious week and...

Morning Report 19 Jun 25: S&P 500 erases gains on Powell's inflation remarks

18 Jun 2025

Contributed by Lukas

U.S. equity markets dipped as the Federal Reserve struck a cautious tone, warning that inflation may worsen—despite still projecting two rate cu...

Market Close 18 Jun 25: A busy 24 hours ahead

18 Jun 2025

Contributed by Lukas

The market has continued the week in the way that it started with only small movements in either direction across each session.  Laura and Stevie...

Morning Report 18 Jun 25: Stocks fall as Israel-Iran jitters spur oil rally

17 Jun 2025

Contributed by Lukas

Global equity markets retreated as investors weighed the prospect of U.S. intervention in the escalating Israel-Iran conflict. Oil prices surged more ...

Market Close 17 Jun 25: Middle East headlines drive markets

17 Jun 2025

Contributed by Lukas

Tensions in the Middle East have kept markets cautious today with the session remaining mostly flat.  Laura and Stevie discuss what marks five da...

Morning Report 17 Jun 25: Stocks rise as fear of all-out Middle East war eases

16 Jun 2025

Contributed by Lukas

Global markets recovered overnight as investors responded to easing tensions in the Middle East. Defensive stocks retreated as concerns eased, while r...

Market Close 16 Jun 25: Oil and Energy continue to surge amid international tensions

16 Jun 2025

Contributed by Lukas

The market has remained largely flat today with the past four sessions now seeing very little movement.  Laura and Stevie discuss the session, re...

Morning Report 16 Jun 25: Stocks slump as Middle Eastern conflict escalates

15 Jun 2025

Contributed by Lukas

Global stock markets plunged as escalating tensions in the Middle East rattled investor confidence. Concerns over inflation are growing, driven by a s...

Market Close 13 Jun 25: Gold and Energy stocks soar amid geopolitical tenisions

13 Jun 2025

Contributed by Lukas

The market has declined slightly today but overall, the week has finished with a gain marking five weeks of improvements.  Laura is solo today to...

Morning Report 13 Jun 25: US shares end higher, lifted by Oracle rally

12 Jun 2025

Contributed by Lukas

Wall Street showed resilience overnight, recovering from early losses to close higher. Oracle shares soared to a record high after reporting dramatica...

Market Close 12 Jun 25: Market runs out of steam following record high

12 Jun 2025

Contributed by Lukas

Following the record high of yesterday and the strong performances over the week the market has paused for breath today and lost some steam as the day...

Morning Report 12 Jun 25: US share markets end lower on Middle East tensions

11 Jun 2025

Contributed by Lukas

US stocks closed lower, dragged down by technology names and despite stronger-than-expected inflation data. Interest rates also eased, supported by pr...

Market Close 11 Jun 25: US, China truce sparks record high

11 Jun 2025

Contributed by Lukas

It has been a solid session today as the Aussie market has cracked a fresh record high once again.  Laura and Stevie discuss the session where mo...

Morning Report 11 Jun 25: ASX 200 poised to set new record high

10 Jun 2025

Contributed by Lukas

Global markets saw a mix of optimism and caution on Tuesday. The S&P 500 rose for a third consecutive session, buoyed by renewed hopes for progres...

Market Close 10 Jun 25: ASX200 on the cusp of an all-time high

10 Jun 2025

Contributed by Lukas

The market has closed in on a record high once again today kicking off the holiday shortened week with a strong performance.  Stevie is solo to r...

Morning Report 10 Jun 25: S&P 500 ekes out gain as US-China trade talks resume

09 Jun 2025

Contributed by Lukas

Cautious optimism prevails on Wall Street as trade talks between the US and China progress. In corporate news, Apple disappointed investors with its r...

Market Close 06 Jun 25: Fourth weekly gain for Aussie stocks

06 Jun 2025

Contributed by Lukas

Following a flat performance yesterday the market has again had an underwhelming day today despite somehow managing to hold onto the overall weekly wi...

Morning Report 06 Jun 25: US stocks fall as Trump–Musk feud sinks Tesla

05 Jun 2025

Contributed by Lukas

US stocks ended lower despite a wave of early optimism, sparked by news that U.S. President Donald Trump and China’s Xi Jinping have agreed to r...

Market Close 05 Jun 25: Market shies away from record high

05 Jun 2025

Contributed by Lukas

Most sectors have fallen back today despite a positive start to the session.  Laura and Stevie discuss this session which saw the market fading f...

Morning Report 05 Jun 25: Growth concerns weigh on US stocks

04 Jun 2025

Contributed by Lukas

US stocks struggled to advance as fresh data pointed to a slowing economy, with sentiment dented by a soft US jobs report that snapped the Dow Jones&r...

Market Close 04 Jun 25: Share market approaches a record high

04 Jun 2025

Contributed by Lukas

The market has neared record levels once again today as it cracked through a three-month high.  Laura and Stevie unpack the local session and dis...

Morning Report 04 Jun 25: US stocks gain on US job surprise

03 Jun 2025

Contributed by Lukas

Wall Street was boosted by gains in technology stocks, with Nvidia reclaiming its title as the world’s most valuable company. Chipmakers also ra...

Market Close 03 Jun 25: The best day in a month for the Aussie market

03 Jun 2025

Contributed by Lukas

The local market has had the largest lift in a month today.  Laura and Stevie discuss the recent performance where the market has largely remaine...

Morning Report 03 Jun 25: US shares close higher on trade hopes

02 Jun 2025

Contributed by Lukas

US stocks have posted modest gains to start June, as investors largely shrugged off renewed global trade tensions. Steel and aluminium shares jumped a...

Market Close 02 Jun 25: Multi-billion-dollar merger to hit ASX

02 Jun 2025

Contributed by Lukas

The Aussie market has had a slow start to the month remaining mostly flat.  Stevie is back for the podcast today (even though his voice may not b...

Morning Report 02 Jun 25: Wall Street mixed as investors keep wary eye on trade headlines

01 Jun 2025

Contributed by Lukas

Wall Street wrapped up the month on a high note, with both the NASDAQ and S&P 500 posting their best May gains since the 1990s. Investor sentiment...

Market Close 30 May 25: Aussie shares lift in May

30 May 2025

Contributed by Lukas

Aussie shares are wrapping up May on a positive note, with the market up 3.8% for the month and 0.8% for the week. A surprise dip in retail sales spar...

Morning Report 30 May 25: US share market rally fades on tariff angst

29 May 2025

Contributed by Lukas

Wall Street rallied overnight, buoyed by renewed trade optimism and upbeat corporate earnings. Nvidia impressed investors with stronger-than-expected ...

Market Close 29 May 25: Trump’s tariffs blocked by the US court

29 May 2025

Contributed by Lukas

The Aussie market has pushed modestly higher once again today.  Laura unpacks the session which has followed the recent trend of cautious perform...

Morning Report 29 May 25: US shares close lower ahead of Nvidia earnings

28 May 2025

Contributed by Lukas

US stocks eased overnight as investors awaited key earnings reports, with particular focus on Nvidia, whose results are crucial for market sentiment a...

Market Close 28 May 25: US gains fail to boost Aussie stocks

28 May 2025

Contributed by Lukas

The session started with gusto this morning but ran out of steam as the day progressed with the market dropping into negative territory.  Laura a...

Morning Report 28 May 25: Dow jumps 700 points to end a seven-day losing streak

27 May 2025

Contributed by Lukas

US shares climbed as investors welcomed signs of economic and trade progress. Despite a sharp drop in durable goods orders—pointing to ongoing b...

Market Close 27 May 25: Aussie market edges higher ahead of inflation data

27 May 2025

Contributed by Lukas

The Aussie market ticked higher today, inching closer to record highs thanks to a late-afternoon lift. Investors remain cautious amid tariff uncertain...

Morning Report 27 May 25: European stocks recover after Trump delays EU tariffs

26 May 2025

Contributed by Lukas

Global markets are buoyed by renewed trade optimism, with Washington softening its stance on tariffs and US futures surging in response. In Canada, th...

Market Close 26 May 25: Tariffs and holidays keep Aussie market quiet

26 May 2025

Contributed by Lukas

The market has remained at a standstill this afternoon as uncertainty continues amid further potential tariffs and a holiday shortened week for the US...

Morning Report 26 May 25: Trump tariff threats spark market uncertainty

25 May 2025

Contributed by Lukas

Wall Street slipped as investors grew cautious over renewed trade tensions, following fresh comments from Donald Trump, who insisted Apple must pay a ...

Market Close 23 May 25: Market nudges higher as the week finishes with a gain

23 May 2025

Contributed by Lukas

The Aussie market has lifted modestly today in a week that has finished only slightly higher than it started.  Laura and Stevie reflect on the re...

Morning Report 23 May 25: Stocks lose steam in final minutes of US trading

22 May 2025

Contributed by Lukas

Aussie shares are tipped to rise as easing U.S. bond yields provide relief to global markets, and Bitcoin hits a new record high. Long-term bond yield...

Market Close 22 May 25: Gold outperforms amid a sea of red

22 May 2025

Contributed by Lukas

The market has reversed the recent gains today as it took a breather following yesterdays near record high.  Laura and Stevie discuss the session...