Market Updates

The ASX dropped hard and bounced a little closing down 72 points at 7890 (0.9%) after touching 7818. Banks were the turnaround story with the Big Bank Basket down to $240.73 (0.2%). MQG suffered as US investment banks have sunk. Other financials were also sold down hard, GQG off 3.2% and XYZ falling 6.3% with insurers slipping lower as government warns on Alfred issues. REITs fell back to earth, D...

The S&P 500 shed 2.7%, touching its lowest level since September at one point and closing at 5,614.56. The tech-heavy Nasdaq Composite saw the sharpest decline of the major averages, falling 4% for its worst session since September 2022 and closing at 17,468.32. The Dow Jones Industrial Average dropped 890.01 points, or 2.08%, ending at 41,911.71. The S&P 500 is off 8.7% from its all-time...

A quiet muted start to the week with the ASX rising a modest 16 points to 7964 (0.2%) as US futures pointed to another tricky US session ahead. Banks were flat with the Big Bank Basket easing to $241.33 (-0.3%). MQG down another 0.4% with insurers looking better as Cyclone Alfred was downgraded. REITS improved led by GMG up 0.6% with some bottom fishing taking place. Industrials a mixed bag too, Q...

Wall St managed a small bounce overnight. Positive Broadcom results boosting sentiment. S&P 500 rose 0.55%, closing near the high. Dow Jones up 223 points and the Nasdaq outperformed. Up 0.7%. Volatility remained high. The VIX index down 6% but finished up 20% for the week. The main events were Powell giving a mixed speech on the economy, non-farm payrolls coming in a touch below estimates and...

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 The Dow Jones Industrial Average slid 427.51 points lower, or 0.99%, to 42,579.08, after falling more than 600 points at session lows. The S&P 500 tumbled 1.78% to 5,738.52. The Nasdaq Composite dropped 2.61% to 18,069.26, officially closing in correction territory, which is when an index falls 10% from a recent high.  SPI down 79 - Gold and oil steady - IFL gets 500c bids. Want to invest wit...

The ASX 200 continued to struggle down 46 points at 8095 (0.6%) as stocks going ex -dividend weighed. Banks eased yet again with CBA off 1.8% and WBC down 0.9% as the Big Bank Basket fell to $248.82 (-1.1%). MQG off another 0.4% as one broker downgraded. Insurers also in the eye of the cyclone, SUN down 1.0% and QBE dropping 1.3%. REITs eased back, GMG down 0.2% and SCG off 0.9%. Industrials also...

Stocks rose on Wednesday, staging a recovery rally after back-to-back losses as investors hoped that an exemption for automakers to President Donald Trump’s controversial tariffs opened the floodgates for more concessions. The Dow Jones Industrial Average rebounded by 485.60 points, or 1.14%, to finish at 43,006.59, regaining ground after plunging more than 1,300 points over the last two sessions....

The ASX 200 dropped another 57 points to 8141 (-0.7%) partially ignoring a decent rally in US futures as Trump gave his State of the Union address. China now targeting 5% GDP growth in a separate proclamation. Banks dragged us down with the Big Bank Basket down to $251.84 (-1.0%). CBA down 0.9% and MQG off 1.3% with XYZ continuing to stumble down another 4.1%. REITs slipped lower, VCX down 0.5% an...

The Dow Jones Industrial Average tumbled for a second day as President Donald Trump’s tariffs left investors fearful of potential shockwaves for the economy. The blue-chip average dropped 670.25 points, or 1.55%, building on Monday’s plunge of nearly 650 points. The Dow ended the session at 42,520.99. The S&P 500 dropped 1.22% and closed at 5,778.15 after notching its worst day of the year in...

The ASX 200 fell another 48 points today to 8198(0.6%). Trump’s tariff chaos continues with Mexico and Canadian levies due to take effect in days. Canada has already fired back, losses were tempered as banks found a footing. CBA rose 0.4% with WBC up 0.2% and the Big Bank Basket at $254.30 (). Financials were weaker, MQG down 1.2% and insurers down heavily as Alfred comes to QLD. QBE down 2.0% and...

The S&P 500 retreated on Monday, extending February’s rout and turning red for the year after President Donald Trump’s confirmation of forthcoming tariffs. The broad index fell 1.76% to end at 5,849.72, marking its worst day since December and bringing its year-to-date performance to a loss of about 0.5%. The Dow Jones Industrial Average dropped 649.67 points, or 1.48%, to finish at 43,191.24....

The ASX 200 has started the week on a positive note . Up 73 points or 0.9%. A solid relief rally and only its third positive finish in the last eleven sessions. Better than futures (+48) were predicting after a solid US lead. A morning fade was quickly forgotten as the market rallied into the close, driven by pretty much everything except defensives and the banks . Want to invest with Marcus Today...

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The ASX has finished the day down 96 points (-1.2%) for the week down 1.5%. Worse than futures were predicting (-69 points) as the poor US lead translated to a risk-off session here . All major sectors finished in the red save for Telecoms thanks to good results from TPG and TLS’ defensive nature.  Want to invest with Marcus Today ? The Managed Strategy Portfolio is designed for investors seeking...

Wall St closed down overnight. Nvidia ’s (-8.5%) numbers and outlook failed to reignite the AI rally. Stock now off 17% from its record-high close on January 6. S&P down 1.59%. Nasdaq down 2.78% . The Dow Jones closed down 194bp or 0.45%. ASX to drop. SPI futures down 69 points (-0.8%) Nvidia’s fall infected the wider chip sector . The DeepSeek concerns also resurfaced. Broadcom (-7.1%), ASML...

ASX 200 pushed 28 points higher to 8268 (0.3%) as results nearly finished. Banks were flat with ANZ up 0.5% and WBC up 0.4% with the Big Bank Basket at $253.25 (). Health insurers raced away on results and increases from April 1. REITs not doing much, GMG down 0.2% as it released the SPP details. Industrials mainly firmer, WTC still suffering down 2.6% with COL reporting and rallying 3.5%. QAN res...

The S&P 500 eked out a gain on Wednesday, snapping a four-day run of losses. The broad market index advanced 0.01% to close at 5,956.06. The Dow Jones Industrial Average dropped 188.04 points, or 0.43%, to end at 43,433.12. The 30-stock average was earlier up as much as 245.34 points, or about 0.6%. Meanwhile, the tech-heavy Nasdaq Composite rose 0.26% and ended at 19,075.26. Tariff confusion...

 The ASX 200 finished down around 11 points at 8241(0.1%) with CPI coming in as expected. Once again results were the focus, banks found buyers with the Big Bank Basket up to $253.05 (+1.1%) with CBA leading the way up 1.3%. MQG rose 0.6% and insurers flat. REITs were weaker, GMG falling 1.6% and SCG off 3.3% on results. Industrials mixed again, WTC rose 2.1% as White became Chair and results show...

The S&P 500 fell for a fourth consecutive session on Tuesday as traders weighed concerns around economic growth and global trade. The broad market index slipped 0.47%, closing at 5,955.25. The Nasdaq Composite dropped 1.35% to end the day at 19,026.39. Nvidia ’s 2.8% fall led the tech-heavy index’s decline, and the Nasdaq this week slipped into negative territory for the year. The Dow Jones In...

 The ASX gave up another 56 points to 8252 (0.7%). Results and a negative US lead dominated. Some real shockers today, JLG , DMP and VEA in the frame. Banks and sellers return with CBA down 1.3% and NAB falling 1.4% as the Big Bank Basket fell to $250.25 (-1.1%). MQG slipped 1.0% and PNI retreated 3.3%. Insurers firmed and REITs did better after the sell off yesterday. GMG failed to inspire again...

The S&P 500 slid Monday as the market failed to bounce back from Friday's steep sell-off. The broad market index lost 0.5%, closing at 5,983.25. The Nasdaq Composite fell 1.21%, ending the session at 19,286.92. The  Dow Jones Industrial Average eked out a narrow gain of 33.19 points, or 0.08%, to close at 43,461.21.  SPI down 64 - Results continue. DMP, ZIP, CZR takeover offer from FEX. T...

The ASX 200 closed up 12 points at 8308 (0.1%) in a good recovery from early 70-plus point losses. Banks were the turnaround story as buyers went shopping. ANZ and NAB leading the sector higher with the Big Bank Basket at $252.96 (2.5%). Macquarie gained 1.5% as insurers also saw a positive turnaround. NHF dropped good numbers and rose 12.5%. PPT knocked back the Barbarians at the Gate falling 2.3...

Wall St fell heavily overnight, it’s worst session in nearly a month. Dow Jones down 749 points , closing near the low. S&P 500 down 1.71% and the Nasdaq worst. Off 2.2%. S&P 500 and Nasdaq down 1.66% and 2.51% for the week.  Consumer spending concerns grew and traders focused on tariff fears after Composite PMI numbers fell to the lowest level in over a year.  SPI down 64 - Results Contin...

The ASX 200 fell another 27 points to 8296 (-0.3%) after an early rise, hitting a one- month low. Banks once again led us down, CBA dropping 2.6% and ANZ off 1.4% with the Big Bank Basket at $246.63 (-1.8%). MQG dropped 1.5% and ASX down 3.3% with QBE doing well on results and rose 3.0%. GMG put on another 1.0% and REITs were slightly mixed. Industrials suffered, WES down 1.9% and ALL continuing t...