CommSec Market Update

Morning Report 04 Oct 24: Dow Jones closes nearly 200 points lower as oil spikes 5%

03 Oct 2024

Contributed by Lukas

October has had a rocky start, with Middle East conflicts raising concerns over oil supply. Strong U.S. services sector data has pushed the U.S. dolla...

Market Close 03 Oct 24: Huge day for dividend payments

03 Oct 2024

Contributed by Lukas

The Australian market remained flat today, with the ASX200 barely moving despite earlier declines. Investors were cautious due to escalating Middle Ea...

Morning Report 03 Oct 24: Dow inches higher as Middle East tensions weigh on markets

02 Oct 2024

Contributed by Lukas

US investors remain cautious, reflecting on recent economic and geopolitical developments. Strong job data has dashed hopes for a second major Fed rat...

Market Close 02 Oct 24: Energy stocks take the spotlight today amid a sluggish performance

02 Oct 2024

Contributed by Lukas

The market has closed slightly down again today.  Laura and Stevie discuss this performance and the international news which may have aided this move...

Morning Report 02 Oct 24: Wall Street drops to start October as Middle East tensions intensify

01 Oct 2024

Contributed by Lukas

Global equity markets have retreated amid escalating Middle Eastern tensions, with oil prices surging 5% after Iran's missile attack on Israel. The te...

Market Close 01 Oct 24: ASX slips from record high

01 Oct 2024

Contributed by Lukas

We have ended the three-day winning streak today as the market looks set to close with one of the worst days in a month.  Laura and Stevie reflect on...

Morning Report 01 Oct 24: S&P 500 posts record close to cap a winning month and quarter

30 Sep 2024

Contributed by Lukas

It’s the first day of a new month and Wall Street has seen modest gains following Fed Chair Jerome Powell’s comments. The S&P 500 secured its ...

Market Close 30 Sep 24: Record highs to end the month and quarter for Aussie stocks

30 Sep 2024

Contributed by Lukas

It was a strong close for Australian stocks at the end of the month and quarter, with the ASX 200 rising 0.7%, marking three consecutive days of gains...

Morning Report 30 Sep 24: US investors celebrate inflation figures as Dow hits new record high

29 Sep 2024

Contributed by Lukas

Join Tom and Ryan as they discuss the week ahead in Aussie and global markets.US markets rose for the third consecutive week, with the Dow Jones closi...

Market Close 27 Sep 24: Aussie stocks close in on fresh all-time highs

27 Sep 2024

Contributed by Lukas

The Aussie share market experienced a volatile week, with a modest 0.03% weekly gain, narrowly missing a new record high. Mining stocks surged due to ...

Morning Report 27 Sep 24: S&P 500 closes higher to post fresh record

26 Sep 2024

Contributed by Lukas

Improved earnings and economic news drove Wall Street to record highs, with Micron Technology posting its largest gain in 13 years due to AI-driven de...

Market Close 26 Sep 24: Best day in two weeks

26 Sep 2024

Contributed by Lukas

The ASX 200 saw its first rise of the week, nearly recouping earlier losses and approaching a record high. The materials sector, benefiting from China...

Morning Report 26 Sep 24: Dow Jones falls nearly 300 points snapping a 4-day winning streak

25 Sep 2024

Contributed by Lukas

The S&P 500 has retreated from its record highs, with information technology among the most improved sectors. Meta Platforms shares rose after unv...

Market Close 25 Sep 24: Softer inflation fails to inspire Aussie stocks

25 Sep 2024

Contributed by Lukas

The ASX experienced volatility today, initially opening higher before declining by 0.25% as softer inflation data briefly boosted the market. Australi...

Morning Report 25 Sep 24: US stock market rally propped up by Nvidia’s climb

24 Sep 2024

Contributed by Lukas

Wall Street hit new record highs, led by the S&P 500, as mining stocks surged. However, U.S. consumer confidence dropped to its lowest in three ye...

Market Close 24 Sep 24: Interest rates remain on hold. How did the market respond?

24 Sep 2024

Contributed by Lukas

The Aussie market remained flat today amid a decision to leave interest rates unchanged.  Laura and Stevie unpack this expected move and how the loca...

Morning Report 24 Sep 24: S&P 500 and Dow Jones Index hit fresh closing record highs

23 Sep 2024

Contributed by Lukas

Wall Street consolidates last week's gains with Fed officials leaving the door open to further rate cuts. Intel shares rose on speculation of a Qualco...

Market Close 23 Sep 24: The Aussie market eases from record high

23 Sep 2024

Contributed by Lukas

Steve is rolling solo today as the market slips ahead of what will be a data heavy week.  Reflecting on the recent record highs Steve deep-dives into...

Morning Report 23 Sep 24: ASX set to drop from record as traders brace for more RBA hawkishness

22 Sep 2024

Contributed by Lukas

The Dow Jones closed at a fresh record high following a winning week, with investors still digesting the significant Fed rate cut. In company news, Fe...

Market Close 20 Sep 24: Winning streak continues for ASX 200

20 Sep 2024

Contributed by Lukas

The ASX 200 continued its winning streak today amid news of Japan holding rates steady and U.S tech stocks surging on hopes of further cuts. Locally, ...

Morning Report 20 Sep 24: Dow Jones and S&P 500 hit record highs on euphoria over Fed rate cut

19 Sep 2024

Contributed by Lukas

Wall Street celebrates as stocks surge, with the S&P 500 notching its 39th record in 2024 and the Dow Jones reaching 42,000 points for the first t...

Market Close 19 Sep 24: ASX 200 hits third-straight all-time high

19 Sep 2024

Contributed by Lukas

The ASX 200 hit a fresh record high today after the US Federal Reserve announced a mammoth 50 basis-point rate cut. While U.S. markets initially surge...

Morning Report 19 Sep 24: Stocks hit record highs after Fed’s supersized rate cut

18 Sep 2024

Contributed by Lukas

Wall Street ended lower despite the US Federal Reserve announcing a 50 basis point interest rate cut, the first in four and a half years. Join Tom and...

Market Close 18 Sep 24: Market treads water ahead of US rate cut and Aussie jobs data

18 Sep 2024

Contributed by Lukas

The ASX saw modest movement today, briefly hitting a new record high but largely treading water ahead of key events. The US Federal Reserve's much-ant...

Morning Report 18 Sep 24: Stocks end with little changed as early gains fade before Fed decision

17 Sep 2024

Contributed by Lukas

Anxiety is building ahead of the U.S. Federal Reserve's upcoming rate cut decision, which Ryan has liken to a ‘coin toss’. U.S. Treasury yields ro...

Market Close 17 Sep 24: Record highs and a fourth straight day of gains

17 Sep 2024

Contributed by Lukas

Stevie joins Laura again today as the Aussie market improved for a fourth straight day that broke record highs.  With a US rate cut imminent they dis...

Morning Report 17 Sep 24: Dow Jones touches new record high as investors rotate out of tech stocks

16 Sep 2024

Contributed by Lukas

Wall Street braces as US interest rate futures indicate higher odds of a supersized Fed move. US two-year Treasury yields hit their lowest level since...

Market Close 16 Sep 24: The Aussie market flirts with a record high

16 Sep 2024

Contributed by Lukas

Laura is solo today on a positive start to the week for the Aussie market as it has continued to flirt with a record high.  Laura reflects on the ses...

Morning Report 16 Sep 24: Aussie shares to test record highs

15 Sep 2024

Contributed by Lukas

Join Tom and Ryan as they discuss the upcoming week in Australian and global markets. Last week, Wall Street had its best performance of 2024, followi...

Market Close 13 Sep 24: ASX spooked after almost cracking record high

13 Sep 2024

Contributed by Lukas

The Aussie market came close to a record high before losing momentum, ending the day up just 0.3%. U.S. inflation data suggests a likely 25 basis poin...

Morning Report 13 Sep 24: S&P 500 has its fourth straight winning session

12 Sep 2024

Contributed by Lukas

Join Tom and Ryan as they discuss Wall Street's recent performance, highlighting positive trends in the US markets and the impact of inflation data. T...

Market Close 12 Sep 24: Best day in 4 weeks

12 Sep 2024

Contributed by Lukas

The Aussie market had a strong day with all sectors posting gains, pushing the ASX 200 close to its best day in four weeks. This upward trend followed...

Morning Report 12 Sep 24: Inflation data dents hopes for a big Fed rate cut

11 Sep 2024

Contributed by Lukas

Technology stocks led Wall Street higher despite a mixed inflation report, with Nvidia spearheading the rebound following the post-CPI sell-off. The w...

Market Close 11 Sep 24: Lithium stocks stand out despite ASX fall

11 Sep 2024

Contributed by Lukas

The market was flat for the majority of today but dipped slightly toward the end of the session ahead of upcoming inflation reports.  Laura and Stevi...

Morning Report 11 Sep 24: Stocks shrug off big bank gloom as tech rallies

10 Sep 2024

Contributed by Lukas

Wall Street has seen mixed results as investors remained cautious ahead of key inflation data. JP Morgan led a bank sell-off after tempering revenue e...

Market Close 10 Sep 24: Markets tread water ahead of US inflation

10 Sep 2024

Contributed by Lukas

Laura and Stevie are back on a day which saw a slight lift.  Consumer confidence data and discussions around rate changes start the podcast today, an...

Morning Report 10 Sept 24: Bargain hunting pushes Dow Jones almost 500 points higher

09 Sep 2024

Contributed by Lukas

US investors pounce on discounted stocks, leading to a rebound in the market. Apple unveiled the iPhone 16 yesterday, showcasing its new AI features. ...

Market Close 09 Sep 24: Investors await Apple’s annual event

09 Sep 2024

Contributed by Lukas

The market dipped slightly today but it could have been worse as Laura and Stevie report.  They reflect on a session which bounced back from some of ...

Morning Report 09 Sept 24: Wall Street slumps as figures reveal cooling jobs market

08 Sep 2024

Contributed by Lukas

Wall Street slumps as investors worry over weakening job growth and debate the potential for larger rate cuts ahead of key inflation data. Technology ...

Market Close 06 Sep 24: Worst week of the year for energy & mining stocks

06 Sep 2024

Contributed by Lukas

The ASX saw a slight recovery today, however, global markets remain nervous ahead of the key U.S. non-farm payrolls report tonight, which could influe...

Morning Report 06 Sept 24: S&P 500 posts third straight loss as growth fears plague investors

05 Sep 2024

Contributed by Lukas

Wall Street has seen mixed results as weak employment data weighed on sentiment, with U.S. private payrolls falling to a three-and-a-half-year low. Ry...

Market Close 05 Sep 24: Ai boom drives tech stocks higher

05 Sep 2024

Contributed by Lukas

The Australian stock market managed a modest rebound, with the ASX 200 rising slightly after a significant drop yesterday. U.S. job market data remain...

Morning Report 05 Sept 24: Nvidia extends losses after largest market cap drop in history

04 Sep 2024

Contributed by Lukas

Wall Street struggles to find composure amid lingering growth concerns. Nvidia is in the spotlight after reportedly experiencing the largest single-da...

Market Close 04 Sep 24: Worst day in a month for Aussie stocks

04 Sep 2024

Contributed by Lukas

Laura would rather ‘stare directly into the sun’ than look at the market today.  An odd admission, but one fuelled by the poor performance of the...

Morning Report 04 Sept 24: Wall Street starts September with worst day since August 5 global sell-off

03 Sep 2024

Contributed by Lukas

Wall Street took a sharp downturn, experiencing significant sell-offs driven by growth concerns, reminiscent of August's market drop. Nvidia shares pl...

Market Close 03 Sep 24: Dividends weigh on Aussie stocks

03 Sep 2024

Contributed by Lukas

It has been a quiet start to the month after a rocky August, with Laura describing the session today as ‘directionless’ with the US market shut. ...

Morning Report 03 Sept 24: Wall Street closed for Labor Day holiday

02 Sep 2024

Contributed by Lukas

Northern hemisphere markets remain neutral as Wall Street celebrates Labor Day. German stocks reached a record high despite its ongoing political unce...

Market Close 02 Sep 24: Star Entertainment Group suspended from trading on the ASX

02 Sep 2024

Contributed by Lukas

It was a mixed performance for the Aussie market today with reporting season having come to a close.  Laura and Stevie reflect on a session which sta...

Morning Report 02 Sept 24: Dow Jones hits second consecutive record high

01 Sep 2024

Contributed by Lukas

Wall Street has ended August on a high note, with record highs for the Dow Jones and S&P 500. The U.S market posted its fourth consecutive month o...

Market Close 30 Aug 24: A flat end to a turbulent month

30 Aug 2024

Contributed by Lukas

The Aussie market closed flat, but is likely to end August with a slight decline. Reporting season was mixed, with notable movements like Downer risin...

Morning Report 30 Aug 24: Dow Jones hits record high as share market rally broadens

29 Aug 2024

Contributed by Lukas

Wall Street has ended August in neutral, with US economic data suggesting a soft landing for the world's largest economy. The Dow Jones hit a record h...

Market Close 29 Aug 24: Final flurry of profit results

29 Aug 2024

Contributed by Lukas

The ASX 200 closed slightly lower despite some gains earlier in the week. The market's performance was influenced by a tough start to August and modes...

Morning Report 29 Aug 24: Wall Street tumbles as investors brace for Nvidia results

28 Aug 2024

Contributed by Lukas

Wall Street retreats as investors eagerly await Nvidia's earnings figures, while Australian shares are set to fall amid declining commodity prices. Op...

Market Close 28 Aug 24: A flat day for the market as inflation data is back in focus

28 Aug 2024

Contributed by Lukas

The market has remained flat today with a drop happening ahead of upcoming inflation data, but then settling once those numbers were revealed.  Laura...

Morning Report 28 Aug 24: Wall Street pensive ahead of big tech earnings

27 Aug 2024

Contributed by Lukas

Wall Street slips into neutral as the market anticipates key earnings reports. Ryan and Tom preview Nvidia’s results, noting that the AI giant could...

Market Close 27 Aug 24: Australia’s largest miner lifts on earnings results

27 Aug 2024

Contributed by Lukas

A number of leading Australian companies have released earnings data today and this, along with a cautious US session has resulted in a modest local d...

Morning Report 27 Aug 24: Dow Jones hits record high

26 Aug 2024

Contributed by Lukas

Wall Street consolidates following recent gains while technology stocks suffer vertigo ahead of Nvidia's earnings. Apple shares have risen following t...

Market Close 26 Aug 24: Eleventh gain in 12 days for Aussie stocks

26 Aug 2024

Contributed by Lukas

The U.S. Federal Reserve's recent comments at the Jackson Hole symposium, where Jerome Powell hinted at potential interest rate cuts due to a shift in...

Morning Report 26 Aug 24: Powell's pivot fuels Wall Street rally

25 Aug 2024

Contributed by Lukas

Investors celebrate as U.S. Federal Reserve Chairman Jerome Powell signals an imminent drop in interest rates, sparking a surge in U.S. stocks. Oil pr...

Market Close 23 Aug 24: Egg-cellent winning streak ends

23 Aug 2024

Contributed by Lukas

The Aussie market's impressive 10-day winning streak has come to an end, with the market slipping into slightly negative territory. Key sectors like e...

Morning Report 23 Aug 24: ASX to end ten day winning streak

22 Aug 2024

Contributed by Lukas

Wall Street retreats as investors brace for a speech from Jerome Powell, who is expected to temper market expectations for aggressive interest rate cu...

Market Close 22 Aug 24: Ten day winning streak for Aussie stocks

22 Aug 2024

Contributed by Lukas

The Australian stock market continued its winning streak, marking ten consecutive sessions of gains, the longest run since 2015. Despite the streak, d...

Morning Report 22 Aug 24: Rate cut hopes support Wall Street

21 Aug 2024

Contributed by Lukas

Wall Street consolidates as investors increasingly expect the US Federal Reserve to cut rates in September, though the extent of the cut remains uncer...

Market Close 21 Aug 24: Longest winning streak since December 2015

21 Aug 2024

Contributed by Lukas

The market started down today but did manage to improve slightly securing the longest winning streak in a decade.  With today being the busiest day o...

Morning Report 21 Aug 24: ASX to slip as Wall Street rally runs out of steam

20 Aug 2024

Contributed by Lukas

The S&P 500 and NASDAQ ended lower, breaking an eight-day winning streak. Lowe's shares declined due to weak consumer spending on DIY projects. In...

Market Close 20 Aug 24: Eighth straight day of gains for Aussie stocks

20 Aug 2024

Contributed by Lukas

The Australian share market is on the cusp of its longest winning streak since 2015, having already logged eight consecutive days of gains. However, d...

Morning Report 20 Aug 24: US stock markets post eighth positive session in a row

19 Aug 2024

Contributed by Lukas

US stocks are showing a promising recovery from early August losses, with technology stocks leading the gains ahead of Jackson Hole. The Aussie share ...

Market Close 19 Aug 24: A mixed performance but the winning streak remains alive

19 Aug 2024

Contributed by Lukas

The market improved slightly again today edging closer once more to the recent record high.  Laura and Stevie discuss the mixed performance that we h...

Morning Report 19 Aug 24: Wall Street posts its best week since 2023

18 Aug 2024

Contributed by Lukas

US stocks ended the week on a strong note, with technology stocks rebounding and leading Wall Street’s surge. Concerns about a US recession have eas...

Market Close 16 Aug 24: Best day of the month for Aussie Stocks

16 Aug 2024

Contributed by Lukas

The ASX had a strong performance today, with the market experiencing its best week of the year, gaining 2.3% and nearing record highs. Global economic...

Morning Report 16 Aug 24: ASX to rise for a sixth day as US retail data ignites global rally

15 Aug 2024

Contributed by Lukas

Wall Street surges as stronger retail sales boost investor sentiment, while Aussie investors are focused on NAB's trading update today. The S&P 50...

Market Close 15 Aug 24: Five day winning streak for Aussie stocks

15 Aug 2024

Contributed by Lukas

The Australian share market is teetering on a fifth consecutive day of modest gains despite a mixed bag of economic data. A surprising surge in job gr...

Morning Report 15 Aug 24: Encouraging inflation figures push US stocks to a fifth day of gains

14 Aug 2024

Contributed by Lukas

US stocks had mixed fortunes despite encouraging inflation data, with US inflation reaching a three-and-a-half-year low. Shelter inflation stood out, ...

Market Close 14 Aug 24: US data results in an encouraging Australian session

14 Aug 2024

Contributed by Lukas

US markets were up overnight, and that performance seemed to help things locally.  Laura and Stevie unpack the US data which saw the Aussie market up...

Morning Report 14 Aug 24: NASDAQ closes up 2%, Dow adds 400 points on tame inflation data

13 Aug 2024

Contributed by Lukas

Wall Street celebrates as investors react to the latest inflation figures, with softer US producer prices boosting expectations for a rate cut. Techno...

Market Close 13 Aug 24: Healthcare drags on the Aussie market

13 Aug 2024

Contributed by Lukas

The market saw a modest improvement today as investors await a fresh catalyst and upcoming business data as early as tonight may be exactly that.  La...

Morning Report 13 Aug 24: Wall Street on high alert as investors count down to key inflation figures

12 Aug 2024

Contributed by Lukas

Wall Street treads water as investors brace themselves for key corporate and economic events, most notably key inflation figures. Gold prices rise, wh...

Market Close 12 Aug 24: The market starts to recoup following the worst week in 3 months

12 Aug 2024

Contributed by Lukas

This week has started on a more positive note than what we saw last week on what Laura is calling “an impressive day”.  She is joined by Stevie t...

Morning Report 12 Aug 24: Aussie shares to start the week firmly higher

11 Aug 2024

Contributed by Lukas

Wall Street ended last week with a slight gain after a volatile week, and Aussie shares are expected to recover some of last week's losses. The S&...

Market Close 09 Aug 24: Strongest gains of the week for Aussie stocks

09 Aug 2024

Contributed by Lukas

The Australian stock market ended the week on a positive note, with a 1.3% rise on Friday, partially recovering from a rough start earlier in the week...

Morning Report 09 Aug 24: S&P 500 notches its best day since Nov 2022

08 Aug 2024

Contributed by Lukas

Wall Street surges as investors find comfort in the latest economic news. Positive data has tempered expectations for aggressive interest rate cuts by...

Market Close 08 Aug 24: Markets remain cautious

08 Aug 2024

Contributed by Lukas

Aussie stocks saw a slight decline on Thursday, leaving the market on track for a significant weekly drop despite a calmer trading environment compare...

Morning Report 08 Aug 24: US stocks close lower as markets comeback attempt fizzles out

07 Aug 2024

Contributed by Lukas

Wall Street ended lower overnight as recent volatility continues to subside. The US Federal Reserve is unlikely to make an emergency rate cut, while U...

Market Close 07 Aug 24: Improvements continue for the Aussie market

07 Aug 2024

Contributed by Lukas

There were small gains for the market today as it slowly recoups the losses of Monday which was the worst day in almost four years.  Laura and Stevie...

Morning Report 07 Aug 24: US share markets snap three day losing run in broad relief rally

06 Aug 2024

Contributed by Lukas

Markets have found some calm after experiencing their worst sell-off in two years, which was caused by the unwinding of the carry trade. Comments by F...

Market Close 06 Aug 24: The dust settles after the market’s biggest tumble in four years

06 Aug 2024

Contributed by Lukas

The market has settled somewhat today after yesterday’s tumble which was fuelled by international data out of the US and Japan.  Laura is back with...

Morning Report 06 Aug 24: Dow tumbles 1000 points and S&P 500 posts worst day since 2022

05 Aug 2024

Contributed by Lukas

Wall Street experienced its third consecutive session of selling momentum, leading to a plunge in US stocks. The ASX is expected to open lower ahead o...

Market Close 05 Aug 24: Largest decline in years for Aussie stocks

05 Aug 2024

Contributed by Lukas

  Global markets faced one of their largest drops in years, with the ASX 200 experiencing it's steepest decline since May 2020. This drop follows dis...

Morning Report 05 Aug 24: Growth fears haunt Wall Street

04 Aug 2024

Contributed by Lukas

Wall Street falls as investor fears shifted towards a slowing economy, with US recession concerns affecting the ASX. Technology stocks are under press...

Market Close 02 Aug 24: ASX records worst day since March 2023

02 Aug 2024

Contributed by Lukas

The Aussie share market experienced its worst day of the year, with almost 90% of stocks in the red. This decline followed two consecutive days of rec...

Morning Report 02 Aug 24: ASX to plunge as US stocks routed on economic worries

01 Aug 2024

Contributed by Lukas

Join Tom and Ryan as they discuss the week ahead in Aussie and global markets. Wall Street falls on growth concerns, while Amazon plunges 5% on weaker...

Market Close 01 Aug 24: New month, fresh highs

01 Aug 2024

Contributed by Lukas

After closing at a record high yesterday the market has continued to grow, starting the month with further gains.  Laura and Stevie reflect on the pe...

Morning Report 01 Aug 24: Wall Street posts best gains since February

31 Jul 2024

Contributed by Lukas

Wall Street has reason to celebrate as the US Federal Reserve paves the way for a September rate cut. The S&P 500 and NASDAQ had their best days s...

Market Close 31 Jul 24: The best day for the year for the Aussie market

31 Jul 2024

Contributed by Lukas

The market has ended the month on a high with today being the best day of the entire year.  Laura and Stevie reflect on the performance of the local ...

Morning Report 31 July 24: Microsoft shares drop on cloud miss

30 Jul 2024

Contributed by Lukas

US technology names face selling pressure ahead of key earnings figures. Microsoft shares slide after slightly missing cloud revenue expectations. The...

Market Close 30 Jul 24: Markets on edge ahead of inflation data

30 Jul 2024

Contributed by Lukas

It was good news yesterday with gains all round but today those gains have been lost as the market struggles to find direction.  Laura and Stevie ref...

Morning Report 30 July 24: US investors pensive ahead of a wall of company earnings

29 Jul 2024

Contributed by Lukas

Wall Street consolidates ahead of key central bank decisions and a slew of company news. McDonald's same-store sales growth turns negative for the fir...

Market Close 29 Jul 24: A sizable bounce back from the losses of last week

29 Jul 2024

Contributed by Lukas

With all 11 sectors seeing gains today the market has recovered from the losses of last week nearing another record high.  Roughly 75% of all stocks ...

Morning Report 29 July 24: Wall Street surges on inflation relief

28 Jul 2024

Contributed by Lukas

Join Tom and Ryan as they discuss the week ahead in Australian and global markets. Technology stocks recover after recent losses, and investors brace ...

Market Close 26 July 24: Aussie market rebounds from 6 week low

26 Jul 2024

Contributed by Lukas

The Aussie market showed a partial recovery today, with the ASX 200 index rising by 59 points or 0.8%, despite still being on track for a weekly decli...