CommSec Market Update

The Australian share market extended its longest losing streak since April, with six consecutive days of declines driven by falling US tech stocks and rising oil price concerns. Despite the weakness, the market remains up for the month and year-to-date. Reporting season volatility continues with significant individual stock swings, while healthcare rebounds strongly and financials struggle for a f...

Technology stocks dragged Wall Street lower overnight as rising bond yields fuelled concerns about borrowing costs and company valuations. The ASX is poised to open slightly lower ahead of another busy day of company results, while weaker commodity prices could weigh on miners. Plus, a closer look at the sharp rebound in Australian healthcare and tech stocks. James Gruber, Equity Market Strategist...

The Australian share market edged higher on Tuesday as investors digested a slew of company earnings from major listed firms. Healthcare stocks led gains following strong results, while weak Chinese economic data raised concerns about commodity demand. Key reporting season themes included dividend payouts, transformation progress, and commodity sector resilience amid global uncertainties. Steve Da...

The ASX is poised to open lower as earnings season hits top gear, with heavyweight results from BHP, CSL, Pro Medicus and Cochlear in focus. Wall Street dipped overnight as stalled Iran peace talks pushed oil prices higher and fuelled fresh inflation concerns. Plus, why Australia’s $12.4 trillion property market continues to dwarf shares and superannuation. James Gruber, Equity Market Strate...

The Australian share market fell for a fourth consecutive session on Monday, though remains on track for its fifth consecutive month of gains. A weak consumer spending trend emerged as major earnings disappointed, with retailer JB HiFi plunging after flagging softer July sales. Banking results continued to pressure the financials sector, while materials recovered earlier losses. Tomorrow brings ma...

The Australian share market is set to open lower after its worst week since April, as a busy reporting season gathers pace with results from some of the country’s biggest companies. Wall Street also dipped on weaker-than-expected retail sales, while oil prices climbed as hopes of an Iran peace deal faded. Plus, a closer look at the little-known chipmaker that has become China’s largest...

The Australian share market fell for a third consecutive day, dragging the week into negative territory as materials and financial stocks retreated. Despite US markets hitting record highs overnight, local weakness in mining and banking offset gains in technology. With reporting season intensifying next week and around sixty companies set to deliver results, investors will be scrutinising outlooks...

The S&P 500 hit a fresh record high overnight as tame US inflation data and another surge in tech stocks fuelled optimism. Closer to home, the ASX is poised to dip at the open as weaker commodity prices weigh on miners, while RBA Governor Michele Bullock is set to appear before a government committee today. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers...

The Australian share market declined for the third time this week as most sectors retreated in a subdued session. Earnings season continues to dominate, with mixed results from major banks, insurers, and energy companies. Key themes include dividend impacts, natural disaster claims weighing on insurers, and strategic shifts toward battery investments. US inflation data and upcoming RBA testimony p...

The Australian share market is poised to open lower on Thursday ahead of a busy day of company results, including Telstra, Transurban and Origin. Wall Street mostly rose overnight on tame US inflation data and strong AI-related earnings, while gold climbed to its highest level in more than two months. Plus, can you guess which has been the best performing commodity this year? Hint: it’s not...

The Australian share market edged lower on Wednesday as earnings season intensifies. While some companies beat expectations, cautious outlooks and softer growth guidance sparked broad-based selling. Banks, retailers, and job platforms faced particular pressure, though utilities and insurers found support. Investor sentiment remained fragile amid weak US leads and mixed economic signals. Steve Dagh...

The Australian share market is poised to open lower after the RBA kept rates on hold yesterday but warned inflation remains too high. Wall Street reversed early gains as hopes of an Iran peace deal faded, sending oil prices back towards one-week highs. Locally, a busy day of earnings includes Commonwealth Bank, AGL and SEEK, while key US inflation data will also be in focus. James Gruber, Equity M...

The Australian share market rose on Tuesday as energy stocks surged on higher oil prices amid US-Iran tensions, while the Reserve Bank kept interest rates on hold. Reporting season dominance saw mixed results: Austol soared on a takeover offer despite losses, while Live360 and SGH fell on weak outlooks. Commonwealth Bank and other major reporters headline tomorrow's agenda. Steve Daghlian and Laur...

The ASX is set for a steady open ahead of the RBA’s interest rate decision this afternoon, as investors weigh Governor Michele Bullock’s latest comments on inflation and economic conditions. Overnight, oil prices surged on Middle East tensions, while US markets edged lower after recent gains. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. Check...

The Australian share market edged lower on Monday despite strong US earnings and easing rate hike expectations. The financials sector declined sharply following Westpac's quarterly update. The Reserve Bank's interest rate decision and press conference loom tomorrow, with markets closely watching for signals on future policy. Key earnings updates from ANZ and CBA are expected this week. Steve Daghl...

The Australian share market is set to open higher after the S&P 500 hit a record high on softer-than-expected US jobs data, easing expectations of further rate hikes. Attention now turns to tomorrow’s RBA rate decision and a busy week of local earnings as reporting season ramps up. Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as th...

The Aussie share market paused after a stellar week of gains, with the ASX 200 down slightly but maintaining strong year-to-date momentum. Materials and tech sectors led, while financials lagged. Gold stocks surged following overnight price gains, and lithium miners rallied on positive earnings from US producer Albemarle. The RBA's rate decision next Tuesday will be closely watched by investors. S...

The ASX 200 closed at another record high yesterday, but can it extend its record-breaking run? Wall Street struggled for direction overnight as mixed earnings weighed on chipmakers and software stocks, while oil prices surged on renewed tensions with Iran. Plus, how increased defence spending could give the local economy a much-needed boost. Join James Gruber, Equity Market Strategist, and Gillia...

The Australian share market reached another record high on Thursday, extending its winning streak to five consecutive days of gains. Gold miners led the charge as geopolitical developments eased inflation concerns, while early earnings results from AMP, REA Group, and others set a positive tone for the reporting season ahead. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each e...

The ASX 200 closed at a record high yesterday and is poised for a steady open today. Miners are expected to lead gains as gold prices climbed to almost seven-week highs on hopes of peace in the Middle East. Meanwhile, Wall Street's rally stalled overnight following disappointing tech earnings, while key employment and trade balance data are due later today. James Gruber, Equity Market Strategist a...

The Australian share market reached a fresh record high, driven by strong mining gains and positive global sentiment. Hopes of easing Middle East tensions pushed oil prices lower, benefiting broader markets. US earnings season momentum and strong overnight performances in key indices supported local optimism heading into a busy week of results. Steve Daghlian and Laura Besarati are Market Analysts...

The ASX is poised for a stronger opening as global optimism spreads following progress towards peace in Iran and record highs across Wall Street and Europe. Oil prices tumbled on diplomatic hopes, with investors now turning their attention to a busy slate of earnings reports from Australian and US companies over the next two days. James Gruber, Equity Market Strategist at CommSec takes you through...

The Australian share market surged for a third consecutive day, with the ASX 200 pushing higher and drawing within striking distance of the record levels set in February. Strong gains across most sectors, particularly technology and healthcare, drove the session's momentum. Geopolitical developments regarding potential peace negotiations and upcoming earnings season announcements are shaping inves...

The ASX 200 is expected to open flat as investors digest strong gains on Wall Street, driven by easing Middle East tensions and solid corporate earnings. Commodity markets also reflected the improved sentiment, with oil prices falling. Attention now turns to upcoming earnings reports from local companies and key US economic data later this week. Gillian Bowen, Head of Media and Markets at CommSec,...

The Australian share market recovered from early losses to close modestly higher on Monday as geopolitical tensions eased following weekend developments in the Middle East. Energy stocks declined as oil prices fell, while gold miners rallied. Reporting season begins this week, with earnings expected to accelerate through August. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Eac...