CommSec Market Update

The ASX200 slipped to a four‑month trough early on 17 Nov but recovered to finish flat, up two points, ending a streak of four losing days. Markets are wary ahead of NVIDIA's earnings and US rate‑cut uncertainty, while hotter Aussie jobs data and weak Chinese numbers pressure sentiment. Energy and tech lead gains; look out for NVIDIA results, RBA minutes and FED minutes this week. The content in t...

Wall Street ended mixed as investors weighed AI-linked earnings, with stocks recovering from early session lows ahead of Nvidia’s results. Energy names clawed back recent losses, while DoorDash rebounded after a sharp investor sell-off. Meanwhile, bond yields rose as traders questioned the likelihood of imminent Fed rate cuts. Back home, futures point to losses for the ASX 200 on Monday as i...

The Aussie market suffered its worst day in about ten weeks on Friday, sliding 1.4% and hitting a four month low as a mix of rate concerns, weak China data and a tech sell-off pushed the ASX lower for a fourth straight session. Tech led the declines with a 4.5% drop, leaving the sector down more than 9% for the week, while the major banks also weighed heavily, including CBA which shed more than 10...

Wall Street fell overnight as tech stocks led a broad selloff, with U.S. Treasuries also stumbling after the government shutdown ended and traders braced for renewed market swings. Cisco bucked the trend, surging after an AI-fuelled outlook beat expectations, while Walt Disney slipped on weaker cable and box office performance. In commodities, oil prices edged higher after steep losses in the prev...

The ASX200 closed about 0.6 % lower on Thursday, slipping to a three‑and‑a‑half‑month low after October jobs data dented hopes of an RBA rate cut. The market also reacted to the US House passing a spending bill and a rally, while materials and health made modest gains and tech and real estate fell. Investors now eye December RBA decision, US CPI release and earnings. The content in this podcast is...

Wall Street hit new record highs as investors welcomed the prospect of a reopened government, though gains were mixed as traders rotated out of technology stocks. AMD rallied after forecasting accelerating AI-driven sales growth, while the White House warned that October’s jobs report may never be released. Meanwhile, U.S. bonds advanced as weak labour market data boosted expectations for ra...

The ASX200 slipped just over 0.1 % as about 40 % of stocks fell. CBA dropped about 3 % after a 6.5 % plunge yesterday and tech fell 3.3 %. Mineral Resources surged over 9 % on a US$765 m POSCO lithium deal, while Liontown rose 6 % and Life360 was the worst performer. Markets watch October jobs data, the next RBA meeting, ANZ’s ex‑dividend and US oil inventories, with oil at US$61 a barrel. T...

Wall Street saw mixed fortunes overnight, with the Dow rising 500 points while the Nasdaq slipped as investors rotated out of tech stocks. SoftBank sold its Nvidia stake for $5.8 billion to fund fresh AI bets, while CoreWeave cut its forecast following a delay to a major customer contract. In commodities, oil prices rose as investors weighed sanction risks, while gold flatlined as traders booked p...

The ASX200 slipped about a tenth of a percent, held back by a 6 % drop in CBA which erased roughly 50 points. Materials led the market, with gold miners up after a 3 % jump in spot gold and lithium miners gaining on demand expectations. The US government shutdown appears near its end, easing concerns ahead of the Fed’s December rate‑cut decision. Upcoming events include RBA assistant governo...

Wall Street climbed overnight, led by technology stocks, as investors celebrated the prospect of a reopened U.S. government. Chipmakers rallied as buyers went bargain hunting, while Palantir jumped as enthusiasm around the AI trade returned. Health insurers, however, retreated as Democrats signalled a compromise on Obamacare. In commodities, gold rose 2% on renewed rate-cut hopes, and copper advan...

The Aussie market kicked off the week with a strong gain, having its best session in more than three weeks after lifting about three quarters of a percent. Confidence improved after reports the 40-day US government shutdown could soon end, and China eased export restrictions on some metals. Tech, energy and mining stocks led the way, while ANZ rose more than 3% after posting full-year results that...

Wall Street steadied on Friday as investors looked ahead to an end to the government shutdown, recovering from early losses on hopes Democrats and Republicans could reach a healthcare compromise. Technology stocks led the declines, capping the Nasdaq's worst week, while consumer confidence plunged and a survey of economic conditions hit an all-time low. Meanwhile, Expedia’s strong performanc...

The Aussie market ended the week lower, down about three-quarters of a percent, marking a second straight weekly loss. Tech and bank stocks dragged, with Macquarie falling nearly 6% after missing earnings expectations. Qantas dropped 6.5% on softer revenue guidance, while AUB Group rose after a renewed takeover bid. Block, Inc. slumped 15%, and weaker Chinese trade data weighed on miners. The ASX...

Wall Street dropped to two-week lows as a renewed tech sell-off and lingering concerns over U.S. tariffs and the health of the economy kept investors on edge. The bond market rallied after private data pointed to a cooling jobs market, while DoorDash tumbled to a record low on warnings that weaker spending will squeeze profits. In Europe, stocks fell, dragged down by fresh selling in technology sh...

Local shares bounced back from a two-month low on Thursday, with miners leading the charge. The ASX 200 lifted about a third of a per cent, supported by gains in gold and iron ore prices. Materials stocks were easily the day’s best performers, up around 1.5 per cent, with names like Emerald, Ramelius and Bellevue all climbing strongly. But it wasn’t all positive as NAB dragged the broa...

Wall Street rose on Wednesday as dip buyers waded back in following a tech-fuelled slide, while ADP data showed US companies added 42,000 jobs in October. AMD’s outlook, however, failed to impress investors, tempering some of the gains. European shares also closed higher, with earnings remaining in the spotlight. In commodities, oil dipped on oversupply fears while gold gained on risk aversi...

The ASX200 fell about 0.25% to a two month low after the RBA kept rates steady and signalled only one cut in 2026. Material and tech stocks led losses, while financials rose on Westpac earnings. US government shutdown and a 2% tech slide added pressure. Look out for US earnings from McDonald’s, Snap and Novo-Nordisk, plus NAB and Macquarie results this week. The content in this podcast is pr...

Wall Street’s main indexes fell to one-week lows on Tuesday after CEOs of major U.S. banks warned of a potential market sell-off. Tech sentiment took a hit, with Palantir sliding on AI valuation concerns and Uber dropping after missing quarterly profit expectations. Elsewhere, U.S. bond yields declined amid growing fears of a stock market bubble, while European markets also retreated to two-...

The ASX200 slid 0.9% (81 points) to a five‑week low after the RBA left rates at 3.6%. Hotter‑than‑forecast inflation curbed cut hopes. All sectors except healthcare fell, with Westpac the sole bank up 1.5%. City Chic rose 7.5% after a solid ANZ update, while CSL remains down 40% YTD. Focus now shifts to inflation data on 26 Nov and upcoming employment and earnings releases. The content in this pod...

Wall Street’s main indexes rose overnight, with the S&P 500 and Nasdaq both higher as Kenvue surged on buyout news. Amazon’s $38 billion deal with OpenAI lifted its shares and boosted Nvidia's as well. U.S. Treasuries were mixed amid uncertainty surrounding the government shutdown, while in Europe, equities edged higher as investors assessed a fresh batch of earnings. In commoditie...

The ASX200 nudged up about 0.1 % after a soft start to the month, helped by a lift in financials, energy and tech stocks. Caution remains ahead of tomorrow’s RBA decision, with a roughly 3 % chance of a further rate cut after hotter‑than‑expected inflation data. US inflation figures were delayed by the ongoing government shutdown, and upcoming events include bank earnings (NAB, Macquarie) an...

Wall Street closed higher on Friday, with the Nasdaq notching its best monthly winning streak since 2018. Amazon shares hit all-time highs after a strong sales forecast, while Apple slipped as CEO Tim Cook flagged supply constraints. U.S. government bond yields moved lower as the government shutdown dragged on. In Europe, equities edged lower following a mixed batch of quarterly results. In commod...

The Aussie market ended October on a flat and uninspired note, slipping by around four points on Friday to mark a fourth straight day of losses. That left the ASX 200 down roughly 1.4% for the week — its worst since April — as investors digested hotter-than-expected inflation data and reassessed expectations for future rate cuts. Despite the late-month pullback, the index still managed...

U.S. stocks fell overnight, with the S&P 500 and Nasdaq dragged lower by Meta and Microsoft amid renewed Fed rate concerns. Investors rotated out of tech and into bank and healthcare stocks, while rising Treasury yields reflected uncertainty over further Fed cuts. In Europe, the ECB kept rates unchanged amid resilient economic growth. In commodities, oil prices held steady amid optimism over a...

The Aussie sharemarket extended losses to a third straight day, weighed down by fading hopes of another RBA rate cut this year after yesterday’s hotter-than-expected inflation data. The ASX200 slipped about half a percent, trimming October’s monthly gain to just 0.5%. Overnight, the US Fed delivered another 25-basis-point rate cut but signalled caution about further easing, while Nvidi...