CommSec Market Update
Episodes
Morning Report 13 Dec 24: Wall Street dips as investors digest inflation and jobs data after strong rally
12 Dec 2024
Contributed by Lukas
US producer prices have seen a notable jump, driven by higher egg costs, though categories closely monitored by the Federal Reserve showed softer incr...
Market Close 12 Dec 24: Aussie market rattled by unexpected strength in jobs data
12 Dec 2024
Contributed by Lukas
The market has taken a tumble today coinciding with an update on Aussie jobs growth with results which caught the market off guard and dropped expecta...
Morning Report 12 Dec 24: Tech stocks surge as they celebrate the latest inflation report
11 Dec 2024
Contributed by Lukas
Wall Street experienced a strong rally as investors reacted positively to U.S. inflation data showing the largest consumer price gain in seven months....
Market Close 11 Dec 24: Market slips ahead of US inflation data
11 Dec 2024
Contributed by Lukas
The Australian market had a sluggish day, with the ASX down 0.8% for the week so far. Despite a lackluster performance, markets are awaiting key econo...
Morning Report 11 Dec 24: Stocks waver as traders map out game plan for CPI
10 Dec 2024
Contributed by Lukas
US markets remain stable as investors await key CPI figures, while Google makes headlines by claiming a significant quantum computing milestone. In co...
Market Close 10 Dec 24: RBA rate cut around the corner?
10 Dec 2024
Contributed by Lukas
Join Steve and Laura as they unpack the day’s market movements, starting with a modest 0.3% dip on the ASX amidst a tug-of-war between sectors. ...
Morning Report 10 Dec 24: Wall Street dips from record highs in inflation run-up
09 Dec 2024
Contributed by Lukas
Wall Street saw consolidation as investors awaited key inflation data while geopolitical and corporate developments drove market dynamics. Chipmaker N...
Market Close 09 Dec 24: Market treads water ahead of RBA decision
09 Dec 2024
Contributed by Lukas
Aussie stocks started the week cautiously, with markets still hovering near record highs. Key drivers include US job data fuelling speculation of a fo...
Morning Report 09 Dec 24: Wall Street savours the latest employment figures
08 Dec 2024
Contributed by Lukas
Wall Street experienced mixed outcomes as November jobs data has given the Federal Reserve room to consider cutting interest rates. The S&P 500 no...
Market Close 06 Dec 24: Investors turn cautious ahead of US jobs data
06 Dec 2024
Contributed by Lukas
The Australian share market experienced a challenging week, with most sectors in the red and the ASX 200 down nearly two-thirds of a percent. Key fact...
Morning Report 06 Dec 24: Stocks flounder as jobs report signals Fed cut or pause
05 Dec 2024
Contributed by Lukas
Bitcoin has surged to a new record high, buoyed by news of Trump’s appointment, while U.S. jobless claims climbed to a one-month high during Thanksg...
Market Close 05 Dec 24: Bitcoin cracks US$100,000
05 Dec 2024
Contributed by Lukas
The Aussie market saw a modest uptick today, gaining 10 points as it recovered a third of Wednesday's losses. Bitcoin made headlines, surpassing $100,...
Morning Report 05 Dec 24: US stocks hit record high buoyed by tech rally
04 Dec 2024
Contributed by Lukas
Wall Street is reaching new record highs, fueled by a surge in technology stocks, as optimism grows about the economy. Federal Reserve Chair Jerome Po...
Market Close 04 Dec 24: Aussie market pauses after 24th record high for the year
04 Dec 2024
Contributed by Lukas
The market has dropped back slightly today following another record high yesterday. Laura and Stevie reflect on this performance comparative to US m...
Morning Report 04 Dec 24: South Korean stocks plummet in US trading amid political chaos
03 Dec 2024
Contributed by Lukas
The Korean Won has depreciated sharply following South Korea’s president's declaration of martial law, adding to political uncertainty that has weig...
Market Close 03 Dec 24: Aussie market on track for the best year since 2019
03 Dec 2024
Contributed by Lukas
The market has improved for a second straight day today with Stevie assuming that Santa has come early as he reflects on the recent local performance....
Morning Report 03 Dec 24: US technology stocks lift Wall Street to new record highs
02 Dec 2024
Contributed by Lukas
Technology stocks are back in favour, driving Wall Street higher on the first trading day of the new month. Apple reached a fresh record high, while S...
Market Close 02 Dec 24: Aussie stocks flirt with fresh record
02 Dec 2024
Contributed by Lukas
December has started on a high following the second-best month of the year. Laura and Stevie reflect on the performance of last month and dive into ...
Morning Report 02 Dec 24: Wall Street ends record-breaking month in positive territory
01 Dec 2024
Contributed by Lukas
Wall Street wrapped up a stellar November with strong gains, driven by optimism over lower bond yields, U.S. economic resilience, and expectations of ...
Market Close 29 Nov 24: Second best month of the year
29 Nov 2024
Contributed by Lukas
The Aussie market wrapped up November on a mixed note, dipping slightly by 0.1% but still securing its second-best month of the year with a 3.3% gain....
Morning Report 29 Nov 24: European share markets edge higher as investors focus on French political uncertainty
28 Nov 2024
Contributed by Lukas
US futures are showing positive movement as the Thanksgiving holiday approaches. In Europe, French bonds approached parity with Greek debt as the nat...
Market Close 28 Nov 24: Second record high of the week
28 Nov 2024
Contributed by Lukas
The Aussie share market hit its second record high of the week, marking the 15th for the financial year, with gains driven by financials and healthcar...
Morning Report 28 Nov 24: Wall Street serves up a turkey ahead of Thanksgiving holiday
27 Nov 2024
Contributed by Lukas
Wall Street saw sellers take charge as investors prepare for the Thanksgiving break. The bond market brought some relief, with interest rates falling ...
Market Close 27 Nov 24: Aussie shares bounce back despite tariff fears
27 Nov 2024
Contributed by Lukas
The market has rebounded today following the slight declines of yesterday. Laura and Stevie reflect on the session yesterday which was the worst dec...
Morning Report 27 Nov 24: S&P 500’s 7-day run puts fresh record high in sight
26 Nov 2024
Contributed by Lukas
Wall Street has shrugged off concerns over Trump’s tariff talks as stocks climbed, while a US bond rally lost momentum following his tariff pledge. ...
Market Close 25 Nov 24: Donald Trump’s social media post impacts markets
26 Nov 2024
Contributed by Lukas
The market has pulled back slightly today following the record high of yesterday. A social media post from Donald Trump played into this performance...
Morning Report 26 Nov 24: Trump's Treasury pick bolsters US and European stocks
25 Nov 2024
Contributed by Lukas
Interest rates curb the US dollar's decline as Donald Trump’s Treasury nominee, Scott Bessant, is viewed positively by markets. Meanwhile, the prosp...
Market Close 25 Nov 24: Another record for the Aussie market
25 Nov 2024
Contributed by Lukas
It has been a great start to the week with a fresh record high. Laura and Stevie reflect on this 14th record high since the start of the financial y...
Morning Report 25 Nov 24: Latest growth figures push Dow to new record highs
24 Nov 2024
Contributed by Lukas
Wall Street has ended the week with solid gains as the Dow Jones closed at a record high. A 4% surge in Boeing has lifted industrial stocks, while tec...
Market Close 22 Nov 24: Aussie market nears another record high
22 Nov 2024
Contributed by Lukas
The Aussie market is inching toward record highs despite geopolitical tensions, with the ASX 200 up nearly 0.9% on Friday. Energy stocks led gains, bo...
Morning Report 22 Nov 24: Dow jumps more than 500 points as investors rotate out of tech stocks
21 Nov 2024
Contributed by Lukas
Despite ongoing geopolitical tensions, U.S. and European markets have seen gains. In the U.S., "Trump trades" gained momentum, while jobless claims hi...
Market Close 21 Nov 24: Nvidia falls on underwhelming forecasts
21 Nov 2024
Contributed by Lukas
The ASX struggled today, slipping after an early rise of 0.4% faded, leaving markets unable to secure a fourth gain in five sessions despite a solid s...
Morning Report 21 Nov 24: US investors wary ahead of Nvidia earnings
20 Nov 2024
Contributed by Lukas
After days of consolidation, the US dollar has reclaimed its spot in the winner's circle, as US yields rise despite ongoing geopolitical tensions. In ...
Market Close 20 Nov 24: Markets brace for earnings results from the world’s largest company
20 Nov 2024
Contributed by Lukas
The Aussie market has hit 13 record highs this financial year. Fresh off the back of one of them yesterday Laura and Stevie reflect on this and unpa...
Morning Report 20 Nov 24: ASX to fall from record highs as geopolitical tensions rise
19 Nov 2024
Contributed by Lukas
US stocks have rebounded, shaking off concerns over geopolitical tensions ahead of Nvidia’s much-anticipated earnings release. In contrast, European...
Market Close 19 Nov 24: Not a shabby performance for the Aussie market
19 Nov 2024
Contributed by Lukas
The market is up today to a fresh record high following a slow start the session this morning. This marks four days of straight gains and the best d...
Morning Report 19 Nov 24: Stocks get boost from Tesla as the EV giant surges
18 Nov 2024
Contributed by Lukas
The NASDAQ and S&P 500 kicked off the week with gains, driven by a rally in Tesla shares. In contrast, Nike shares fell after the company flagged ...
Market Close 18 Nov 24: The Aussie market’s winning streak continues
18 Nov 2024
Contributed by Lukas
Steve is solo today unpacking what was a good day overall following a slow start on the local market. This makes a 3-day winning streak which he ref...
Morning Report 18 Nov 24: Wall Street challenged by interest rate outlook
17 Nov 2024
Contributed by Lukas
Wall Street has pulled back as concerns over interest rates weigh on markets. U.S. pharmaceutical stocks, including Pfizer, declined following cabinet...
Market Close 15 Nov 24: The market claws back the losses of earlier this week following mixed China data
15 Nov 2024
Contributed by Lukas
The market has seen a lift today. Laura unpacks this session’s performance which was a sizable gain given the falls that we saw in the earlier hal...
Morning Report 15 Nov 24: US stocks lose steam as rally goes too far too fast
14 Nov 2024
Contributed by Lukas
For the second consecutive session, Wall Street consolidates following the post-Trump election rally. At the same time, U.S. Treasury yields slip from...
Market Close 14 Nov 24: Bitcoin jumps to new record high
14 Nov 2024
Contributed by Lukas
The Australian market ended a three-day losing streak with a slight lift, supported by steady inflation and employment data that matched expectations....
Morning Report 14 Nov 24: Wall Street consolidates around record highs
13 Nov 2024
Contributed by Lukas
Wall Street consolidates after recent gains and U.S. inflation data aligns with expectations, supporting the case for a December rate cut. The S&P...
Market Close 13 Nov 24: Markets slide for a third day
13 Nov 2024
Contributed by Lukas
The Aussie market faced a broad-based decline, shedding nearly 0.8% with steep losses across 10 of 11 sectors. The downturn followed last week’s pos...
Morning Report 13 Nov 24: Stocks fall for the first time since US election
12 Nov 2024
Contributed by Lukas
Wall Street sees some modest declines following a series of record highs. The US dollar hits a two-year high, while US bond yields ratchet higher ahea...
Market Close 12 Nov 24: Commodities slump and ASX follows
12 Nov 2024
Contributed by Lukas
There was a modest dip in the Aussie Market today, driven by declines in the energy and materials sectors due to falling commodity prices. While overa...
Morning Report 12 Nov 24: Investors shun big caps favouring the small end of the market
11 Nov 2024
Contributed by Lukas
US investors pause to reflect on the latest run of record highs as the Dow Jones jumps 300 points, poised for its first close above 44,000. In company...
Market Close 11 Nov 24: Market slides as China disappoints
11 Nov 2024
Contributed by Lukas
It has been a bleak start to the week with the materials sector weighing on the market. Laura and Stevie unpack this performance and the part that rec...
Morning Report 11 Nov 24: Wall Street ends momentous week by setting new record highs
10 Nov 2024
Contributed by Lukas
Wall Street ends the week with a fresh set of record highs as U.S. stocks rise for the fourth consecutive day. Markets posted their best weekly gains ...
Market Close 08 Nov 24: Aussie stocks notch best week in three months
08 Nov 2024
Contributed by Lukas
Join Steve and Laura as they break down a strong week for the Australian stock market, which saw a 0.8% increase for the ASX200 and nearly a 10% year-...
Morning Report 08 Nov 24: US share markets hit all-time highs extending the US election rally
07 Nov 2024
Contributed by Lukas
Wall Street maintains its upward momentum, reaching record highs the day after U.S. presidential election results. The Federal Reserve has cut rates f...
Market Close 07 Nov 24: Aussie stocks fail to see the same gains as US markets
07 Nov 2024
Contributed by Lukas
The local market remained surprisingly flat today in contrast to how the US performed following the election outcome. Laura and Stevie unpack this m...
Morning Report 07 Nov 24: Dow soars 1,400 points to record high as Trump defeats Harris
06 Nov 2024
Contributed by Lukas
U.S. stocks have reached historical highs following Donald Trump’s presidential win, with the Dow Jones index up around 1,400 points. U.S. bond yiel...
Market Close 06 Nov 24: How did the US election move markets?
06 Nov 2024
Contributed by Lukas
With the US election underway Laura and Stevie begin the podcast today by reflecting on the journey so far. They look at the impact on the US market...
Morning Report 06 Nov 24: Wall Street gains on U.S. election day as tech and chip stocks rise
05 Nov 2024
Contributed by Lukas
U.S. stocks are moving higher as the final votes for the presidential election are cast. All sectors in the S&P 500 are up, led by Palantir Techno...
Market Close 05 Nov 24: Interest rate decisions and an imminent US election – how did the market respond?
05 Nov 2024
Contributed by Lukas
The market has seen some slight declines today but clawed back some of those losses as trade progressed. Laura is solo today and deep dives into the...
Morning Report 05 Nov 24: Dow falls more than 200 points as stocks slip ahead of presidential election
04 Nov 2024
Contributed by Lukas
U.S. traders are watching the polls closely as bonds rise and the U.S. dollar falls, with 'Trump trades' being unwound. In company news, Nvidia is set...
Market Close 4th Nov 24: Aussie stocks snap three day losing streak
04 Nov 2024
Contributed by Lukas
The ASX 200 has bounced back, breaking a three-day losing streak amid a strong start to November, fuelled by positive U.S. market performance and wide...
Morning Report 04 Nov 24: US stocks end higher just days before the US election
03 Nov 2024
Contributed by Lukas
Just days before the US election, Wall Street ended last week with positive momentum, driven by investors responding to US job growth despite a weathe...
Market Close 01 Nov 24: Investors on tenterhooks ahead of US election
01 Nov 2024
Contributed by Lukas
It's been a challenging start to the month for Aussie stocks, with the ASX 200 closing down after early morning volatility. Global influences weighed ...
Morning Report 01 Nov 24: Stocks end October on a sour note as tech tumbles
31 Oct 2024
Contributed by Lukas
It's the first day of the new month, and Wall Street is on track to post its first monthly decline since April. AI investments by major tech companies...
Market Close 31 Oct 24: Aussie stocks limp over the line as volatile October comes to an end
31 Oct 2024
Contributed by Lukas
The Aussie market ended October on a down note, closing 1.3% lower, making it the second-worst month of the year. While financials, tech, and consumer...
Morning Report 31 Oct 24: Wall Street struggles for direction ahead of mega cap earnings
30 Oct 2024
Contributed by Lukas
Wall Street struggles to advance as investors face information overload. Technology stocks decline on mixed earnings results, while strong economic da...
Market Close 30 Oct 24: Market snaps 3-day winning streak as inflation fails to impress
30 Oct 2024
Contributed by Lukas
The anticipated barrage of key events that Laura and Stevie have been mentioning in recent episodes has begun taking place today. They unpack the im...
Morning Report 30 Oct 24: NASDAQ climbs to fresh record high
29 Oct 2024
Contributed by Lukas
Tech stocks are driving market gains, with stocks rising in anticipation of $12 trillion in earnings reports. Alphabet is set to release its earnings,...
Market Close 29 Oct 24: Investors prepare for a barrage of key updates
29 Oct 2024
Contributed by Lukas
The market has climbed slightly higher today following several sessions of modest moves. Laura and Stevie start the day by diving into oil prices am...
Morning Report 29 Oct 24: US stocks rise as traders map out election game-plan
28 Oct 2024
Contributed by Lukas
Wall Street starts the week strong, gearing up for the busiest week of U.S. earnings. Oil prices plunge 6% on a reduced risk of broader conflict in th...
Market Close 28 Oct 24: Investors remain pensive ahead of key events later this week
28 Oct 2024
Contributed by Lukas
The Aussie market has barely budged today following the falls of last week as a number of key events sit on the horizon. Laura and Stevie unpack the...
Morning Report 28 Oct 24: Wall Street stumbles as investors eye looming U.S election
27 Oct 2024
Contributed by Lukas
Wall Street closed last week with a mixed performance as investors monitor the upcoming U.S. election's impact on market conditions. Bank stocks surre...
Market Close 25 Oct 24: WiseTech rebounds as CEO steps down
25 Oct 2024
Contributed by Lukas
The Aussie share market closed the week on a modest gain, despite significant fluctuations earlier. The ASX 200 remains down about 0.9% over the past ...
Morning Report 25 Oct 24: S&P 500 sees first gain of the week as Tesla rises 20%
24 Oct 2024
Contributed by Lukas
Wall Street saw its first improvement of the week on Thursday, despite the Dow Jones heading for its fourth consecutive decline. In company news, Tesl...
Market Close 24 Oct 24: Market treads water for second day
24 Oct 2024
Contributed by Lukas
The ASX 200 experienced minimal movement today, with small sector gains offset by losses, ending the day down by about 0.1%. Tech stocks were among th...
Morning Report 24 Oct 24: NASDAQ falls 2% as tech-led stock rout deepens
23 Oct 2024
Contributed by Lukas
Investor caution continues to take shape ahead of the US election, while U.S. Treasury yields have fallen for a third straight day as bets on a Fed ra...
Market Close 23 Oct 24: The market pauses for thought following yesterday’s declines
23 Oct 2024
Contributed by Lukas
The market raised slightly today following the tumbles that we saw yesterday. Laura and Stevie reflect on this ‘shocker’ of a performance and th...
Morning Report 23 Oct 24: Dow Jones wipes out 200-point loss on Turnaround Tuesday
22 Oct 2024
Contributed by Lukas
Wall Street stalls as investors digest earnings results, while bond markets stabilise following a sell-off driven by expectations of slower U.S. rate ...
Market Close 22 Oct 24: The worst day in seven weeks for the Aussie market
22 Oct 2024
Contributed by Lukas
The market was a sea of red today in what was the worst day since early September. Record highs have been the story of late, but Laura and Stevie un...
Morning Report 22 Oct 24: Stocks fall as buyer fatigue kicks in after rally
21 Oct 2024
Contributed by Lukas
Wall Street retreats from record highs as investors await additional earnings reports due later in the week. U.S. 10-year Treasury yields reached a 12...
Market Close 21 Oct 24: Gold climbs again as the market nears further record highs
21 Oct 2024
Contributed by Lukas
The market has recouped most of the losses of late last week today with 8 out of every 10 stocks seeing gains. Laura and Stevie reflect on the last ...
Morning Report 21 Oct 24: Wall Street ends the week at new record highs
20 Oct 2024
Contributed by Lukas
Wall Street has ended the week with new record highs, marking the sixth consecutive gain for the broader U.S. market. Earnings season is in full swing...
Market Close 18 Oct 24: ASX back-pedals after China data-dump
18 Oct 2024
Contributed by Lukas
The Australian market declined after mixed data from China today, Australia's largest trading partner. Despite reaching record highs earlier in the we...
Morning Report 18 Oct 24: Dow and S&P 500 flirt with record highs as chip stocks and retail data support markets
17 Oct 2024
Contributed by Lukas
Wall Street consolidates on signs of a strengthening U.S. economy, with retail sales as a key highlight. U.S. bond yields surge as traders scale back ...
Market Close 17 Oct 24: No hope for interest rate cuts?
17 Oct 2024
Contributed by Lukas
The ASX200 hit a new record high, up 0.7%, marking the second record this week, despite stronger-than-expected jobs data. The Australian labor market ...
Morning Report 17 Oct 24: Wall Street rotation is back as small caps rally
16 Oct 2024
Contributed by Lukas
Wall Street recovers as buyers return to the market following yesterday's retreat. The transport sector saw significant gains, with Morgan Stanley's U...
Market Close 16 Oct 24: Gold stocks sparkle despite share market decline
16 Oct 2024
Contributed by Lukas
The Australian market pulled back slightly from its recent record high, following a decline in U.S. markets. Financial and property sectors were the o...
Morning Report 16 Oct 24: Stocks halt rally as Nvidia and ASML get crushed
15 Oct 2024
Contributed by Lukas
Wall Street ended lower yesterday, weighed down by a sharp decline in chip stocks, with ASML logging its largest one-day drop in 26 years. According t...
Market Close 15 Oct 24: ASX hits record high buoyed by miners & banks
15 Oct 2024
Contributed by Lukas
The Australian stock market reached new record highs, driven by gains in the materials and financial sectors. Financials have been a standout performe...
Morning Report 15 Oct 24: Wall Street hits all-time highs as earnings set to kick into high gear
14 Oct 2024
Contributed by Lukas
Technology stocks lead Wall Street higher as investors await earnings reports. In the U.S., bond markets are closed Monday for Columbus Day. Nvidia ha...
Market Close 14 Oct 24: The market moving events that we could see this week
14 Oct 2024
Contributed by Lukas
The week has started off well coming close to a record high following a strong performance from US markets. Laura and Stevie unpack the mixed perfor...
Morning Report 14 Oct 24: Wall Street surges to new record highs
13 Oct 2024
Contributed by Lukas
The broader U.S. market has reached a new record high for the 45th time this year, driven by gains in bank stocks. JP Morgan rose 4% on encouraging ea...
Market Close 11 Oct 24: Investors await key US inflation and earnings reports
11 Oct 2024
Contributed by Lukas
It was a quiet session today but the week still looks set to finish higher. Unpacking the session solo Laura reflects on a week that has seen record...
Morning Report 11 Oct 24: Wall Street dips slightly after higher-than-expected inflation and unemployment data
10 Oct 2024
Contributed by Lukas
U.S. CPI rises more than forecast, stalling inflation progress, while jobless claims hit a yearly high due to Hurricane Helene. AMD launches an AI chi...
Market Close 10 Oct 24: Rio snaps up lithium giant Arcadium
10 Oct 2024
Contributed by Lukas
Aussie stocks rebounded today with the ASX200 up by roughly a third of a percent, nearing a record high, despite some midday fading. Mining and energy...
Morning Report 10 Oct 24: S&P 500 on track for all-time high before U.S. inflation data
09 Oct 2024
Contributed by Lukas
The S&P 500 is steadily approaching record highs, driven by gains in technology stocks as investors largely shrugged off geopolitical concerns in ...
Market Close 09 Oct 24: Sluggish Chinese markets weigh on local stocks
09 Oct 2024
Contributed by Lukas
The market has edged slightly higher today with declines coinciding with those seen on the Chinese market. Laura and Stevie unpack this performance ...
Morning Report 09 Oct 24: Magnificent 7 rally as Nvidia's winning run hits 13%
08 Oct 2024
Contributed by Lukas
A rally in the world’s largest tech companies is driving stocks higher today, with the market rebounding from its worst session in a month. U.S. Tre...
Market Close 08 Oct 24: A choppy session for the Aussie market following data out of China
08 Oct 2024
Contributed by Lukas
The Aussie market started flat today before progressing into a ‘choppy’ session. US markets were down overnight in response to jobs data, Laura ...
Morning Report 08 Oct 24: Dow tumbles almost 500 points as US 10-year treasury yield tops 4%
07 Oct 2024
Contributed by Lukas
Wall Street technology stocks are under pressure as expectations for Fed rate cuts diminish. Oil prices rise 3% due to increased Middle East war risks...
Market Close 07 Oct 24: Markets bounce back in late trade
07 Oct 2024
Contributed by Lukas
The market started off flat today but has shot higher as the session went on ultimately recouping many of the losses of last week. US data at the en...
Morning Report 07 Oct 24: Dow Jones jumps 300 points to a record close on Friday
06 Oct 2024
Contributed by Lukas
The Dow Jones closed at a record high on Friday and the NASDAQ rose over 1% following a stronger-than-expected jobs report. This report has lowered ex...
Market Close 04 Oct 24: Markets slide ahead of key US data
04 Oct 2024
Contributed by Lukas
It's been a rollercoaster week for the Aussie sharemarket, ending with a drop of around 55 points, breaking a recent winning streak. Despite early-wee...