CommSec Market Update

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...

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...