Market Updates

US equities were mixed, with tech outperforming losses in broader sectors as faster inflation weighed against the ongoing AI rally. The S&P 500 and the Nasdaq rose more than 0.5% while the Dow fell 200 points. Producer inflation surged more than expected in April, both for energy-exposed goods and non-energy services, to show that the impact of the war in the Middle East on prices has spread p...

The ASX 200 fell another 40 points to 8630 (0.5%) as the banks came under intense pressure following the budget last night. Adding to the bank woes was the update from CBA , which shocked the market as bad debts rose and growth was sadly lacking. CBA fell an astonishing 10.4%, with the other three banks also falling hard on changes to housing policy in the budget. The CBA fall accounted for around...

US stocks cut losses in the last three hours of trading, with the S&P 500 closing 0.2% lower, the Dow remaining near the flat line, and the Nasdaq falling 0.7%. Hot April CPI report consolidated worries that higher energy prices may dent earnings prospectives backing bets that the Fed will not cut rates this year against recent evidence of a robust labor market. Alphabet, Amazon, Microsoft, Te...

  The ASX 200 fell 31 points to 8671 (0.4%), as once again we saw selling in the banking sector weigh on the market. The Big Bank Basket fell to $280.74 (1.6%), with CBA down 1.4%, ANZ falling 2.1%, and MQG also coming off the boil, down 2.2%. Other financials also eased back, NWL dropped 3.0% and XYZ down 3.1%. Once again, we also saw REITs under pressure, with SCG off 1.1% and CHC down 1.2%. Ind...

US stocks rose on Monday, rebounding from a subdued start to the session, as the S&P 500 added 0.2% and the Nasdaq gained 0.1% to reach fresh record highs, supported by a strong rally in chipmakers amid continued optimism over AI-driven demand. The Dow Jones also advanced 95 points. Among the standout performers, Nvidia climbed 2%, Tesla surged 3.9%, Qualcomm jumped 8.4%, and AMD added 0.8%. M...

The ASX 200 dropped 43 points to 8702 (0.5%) as CSL shocked investors again, with a huge write-off and a downgrade to guidance. CSL accounted for most of the loss today.  Elsewhere, banks recovered some from earlier large losses, CBA down 1.1% and ANZ , XD down 2.4%. The Big Bank Basket fell to $285.25 (-1.1%) ANZ XD.  MQG flat, well off session lows. Other financials found their feet, NWL up 1.1%...

The US markets just keep on keeping on. The S&P 500 ended up 0.84% at 7,398 and the Nasdaq gained 1.71% to 26,247, both hitting record highs. The Dow was little changed, up 12 points to 49,609. The tech sector led with the sector up 1.8%. Both the S&P 500 and Nasdaq logged their sixth straight weekly gain, with the S&P 500 now up +8% year to date and the Nasdaq up +13%. SPI down 42 - B...

The ASX 200 we dropped 134 points to 8744 (-1.5%) today as the banking sector came under extreme pressure. We saw CBA down 1.9%, WBC down 4.8% ex-dividend today and the Big Bank Basket falling to $288.50 (-2.3%). Other financials also under pressure today, with the insurers falling as QBE updated the market on their gross written premium expectations and MQG suffering after reporting their second-...

The S&P 500 fell on Thursday after hitting a new all-time intraday high as oil prices came back from sizable losses, with traders eyeing more developments between the U.S. and Iran. The broad market index fell 0.38% to close at 7,337.11, dragged lower by losses in Amazon as well as semiconductor stocks such as Broadcom and Micron Technology. The Nasdaq Composite slid 0.13% and ended at 25,806....

1The ASX 200 soared another 85 points to 8878 as US markets hit records. The Japanese market breached 62,000 for the first time ever, and resources rebounded hard on the back of falling oil prices. The banking sector was firm, with the Big Bank Basket rising to $295.43 (+0.5%), despite NAB going ex-dividend today, which wiped around 12 to 14 index points off. Other financials also had a good day,...

The S&P 500 advanced 1.46% to 7,365.12, while the Nasdaq Composite gained 2.02% and ended at 25,838.94. Both indexes touched new highs and closed at records. The Dow Jones Industrial Average added 612.34 points, or 1.24%, to close at 49,910.59.  Axios reported, citing sources, that the U.S. and Iran were getting close to a deal that would bring a resolution to the conflict. According to the re...

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Marcus Today – Daily Market Insights Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. If you'd like to go further: Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer MT20 – Mana...

Marcus Today – Daily Market Insights Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. If you'd like to go further: Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer MT20 – Mana...

Marcus Today – Daily Market Insights Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. If you'd like to go further: Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer MT20 – Mana...

Marcus Today – Daily Market Insights Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. If you'd like to go further: Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer MT20 – Mana...

The ASX 200 popped 64 points higher today to 8730, up 0.7%. Ends longest losing streak since 2018. Down 0.7% for the week. Banks were flat following a slightly disappointing outlook from the CEO of ANZ as the first bank to deliver its profit result. The Big Bank Basket closed at $286.93 (-0.6%). The rest of the finance sector did well, though, with MQG pushing up another 1.3% ahead of results next...

Stocks rose on Thursday, with the S&P 500 reaching a fresh all-time high, as investors reacted to upbeat earnings from Caterpillar and Alphabet and moved past fears of a possible escalation between the U.S. and Iran. The broad market index rose 1.02% to close at 7,209.01, its first close above the 7,200 threshold. The tech-heavy Nasdaq jumped 0.89% to 24,892.31, hitting new intraday and closin...

The ASX 200 fell 21 points to 8666 (0.2%). Banks held firm as resources struggled against a sea of oil troubles. As crude rallies, commodities elsewhere are falling. ANZ results kick us off in the morning and the Big Bank Basket firmed to $ 288.69 (+0.9%). Other financials did well too, SOL up 2.6% with AMP better and insurers also doing well, QBE up 0.8% and MPL up 1.7%. REITs better too, GMG up...

The Dow Jones Industrial Average ended Wednesday lower as oil prices continued their rally amid a U.S. blockade of Iranian ports and after the Federal Reserve left its key interest rate unchanged. Traders also awaited quarterly earnings from four of the “Magnificent Seven.” The 30-stock index fell 280.12 points, or 0.57%, to close at 48,861.81 and notch a fifth straight losing day. The S&P 500...

The ASX 200 slipped another 24 pts to 8687 (0.3%) as CPI beat expectations. Banks eased back again, the Big Bank Basket fell to $286.25 (-1.1%) with CBA off 1.4% and WBC falling 1.0%. Financials mixed, CGF 1.0% better, MFG finding friends and ZIP up 0.8%. Insurers firmed on bond yields, QBE up 0.5% and MPL up 1.5%. Industrials mixed again, CSL falling around 2.4% and COH dropping 3.2%. TLS fell 0....

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The ASX 200 finished at a three-week low down 56 pts at 8711 (0.6%). Broad-based losses again, Banks managed to hold firm, the Big Bank Basket flat at $289.43 (). CBA rose 0.9% and ANZ up 0.3%. Insurers eased, QBE dropped 1.2% and REITs also under pressure, GMG off 1.8% and SGP falling 2.2%. Tech and industrials also fell, WTC down 1.9% and XRO off 2.0% with the All-Tech Index down 1.6%. TLS succu...

The S&P 500 and the Nasdaq Composite rose to new record highs on Monday, but gains were limited as stalled Iran peace talks and a fresh escalation in the Strait of Hormuz pushed oil prices higher. The broad market index added 0.12% and closed at a record level of 7,173.91. The Nasdaq Composite gained 0.20% and notched a closing record of 24,887.10. Both indexes also reached new all-time highs...