CommSec Market Update

Both US and European stocks posted gains, buoyed by the news of potential tariff exemptions. Bank stocks advanced on the back of better-than-expected earnings reports, while carmakers also benefited from the easing trade tensions. In commodities, prices were mixed. A softer US dollar supported firmer copper prices, while gold pulled back from record highs and oil prices edged lower. Closer to home...

The market has seen a solid improvement today following a week which saw some sizable swings.  Stevie is back on board and joins Laura to reflect on this recent performance and to further unpack the latest in the tariff saga.  The majority of the sectors have seen gains and so they run through the big winners including Viva Energy and DroneShield, discuss the performance of gold stocks,...

Despite ongoing volatility, U.S. markets closed the week with notable gains, with the NASDAQ posting its best weekly performance since November 2022. Bank stocks moved higher as earnings season kicked off, buoyed by better-than-expected results from JP Morgan, which helped lift investor confidence. After the closing bell, the Trump administration announced a major trade concession, exempting smart...

It’s been a rollercoaster week for global markets, with Aussie investors caught in the crossfire of escalating trade tensions between the US and China. The back-and-forth, led by unpredictable moves from President Trump, has triggered some of the most extreme market volatility since the GFC and COVID era. Despite the chaos, the Aussie sharemarket is surprisingly set to finish the week only h...

After a historic rally, Wall Street has posted significant declines amid escalating trade tensions, as the Trump administration raised tariffs on Chinese imports for a second consecutive day. The S&P 500 gave back gains from its best single-day performance in 17 years, while technology stocks—especially in the semiconductor sector—suffered steep losses. Investor sentiment turned ri...

Global share markets have been on a rollercoaster, with Aussie shares on track for their best day since 2020. On news that Trumps tariffs would be delayed for everyone except China, the Dow surged almost 8%, the S&P 500 jumped 9.5% — its best day since 2008 — and the Nasdaq soared 12.2%, its second-biggest gain ever. While uncertainty remains with China preparing stimulus measures...

It was a historic day on Wall Street as the Trump administration paused reciprocal tariffs with several key trading partners, sparking a broad market rally. All sectors of the S&P 500 closed higher, led by strong gains in information technology, while the NASDAQ logged its second-biggest gain on record. Investor speculation is building that the Federal Reserve may step in if the bond sell-off...

The Aussie market has taken a tumble once more today following the short-lived improvements of yesterday amid the introduction of further reciprocal tariffs.  Laura reflects on the recent turbulent performance both locally and globally as the highest tariffs in more than 100 years have been introduced, unpacks the sectors with all but one falling - some substantially, and she looks at the few...

Wall Street surrendered early gains overnight as the US-China trade war intensified. Long-term interest rates surged as investors shifted their focus to the inflationary impact of rising tariffs. Apple shares have plunged more than 20% in recent days, while US defence stocks climbed on hopes of increased government spending. In Europe, share markets rebounded slightly from 14-month lows after four...

It is a sea of green today as Laura unpacks the performance of the local market following the steep declines of yesterday.  Laura reflects on this best day locally since November 2022 and recaps the performance of international markets overnight.  Tariffs continue to dominate the headlines with China refusing to back down on their retaliatory tariffs and Trump set to impose further tarif...

US markets attempted to consolidate overnight, but ongoing tensions between the US and China did little to calm investor nerves. Bond markets surged higher, defying expectations of a potential rate cut in May. Apple shares were caught in the geopolitical crossfire, while communication stocks found pockets of support. In Europe, markets slumped on Monday, dragged down by weakness in energy and fina...

It has been a rough day for the Aussie market today as it mirrored global markets and dropped substantially with declines not seen since 2020.  Trump’s tariffs have sparked discussions of a global recession and Laura unpacks the global market moves being made amid these events.  Laura unpacks the performance of the local sectors with declines happening across the board, both the Au...

US and European markets plunged as investors reacted to the deepening US-China trade war and rising global growth concerns. Panicked investors pushed the fear gauge to its highest level since April 2020, while interest rates fell to lows not seen since September 2022. Commodities also sank, led by copper’s biggest one-day drop since 2020. The Aussie dollar retreated, weighed down by fears of...

Join Laura as she dives into a turbulent week for markets, with Trump's new tariffs sparking a sharp global sell-off. The Aussie market has tumbled back into correction territory, wiping out over $110 billion this week alone, with 10 of 11 sectors in the red. Meanwhile, some gold miners like Capricorn Metals bucked the trend, hitting all-time highs.      The content in this podcast...

The US market has experienced a significant sell-off, erasing $2 trillion in value as investors reassess growth prospects and company earnings. Stock markets worldwide have plunged, with global manufacturers leading the declines. Major names such as Nike, Apple, Amazon, and Starbucks have suffered double-digit losses, reflecting widespread uncertainty. Interest rates have fallen to their lowest le...

Global markets took a hit after Trump’s tariff announcement, with the Aussie market initially plunging 2.1%—wiping nearly $50 billion off its value—before recovering slightly to a 1% loss ($23 billion). Investors reacted sharply to new baseline 10% tariffs on all countries and much higher levies on major trading partners like China, triggering fears of a trade war. Defensive stoc...

Wall Street posted modest gains as investors await clarity on the scale of tariffs affecting all U.S. imports. In corporate news, Tesla rebounded from steep losses following reports that Elon Musk plans to step down as a Trump advisor, while Amazon shares rose after a bid to acquire TikTok. Across the Atlantic, European markets retreated, with industrials and automakers leading the declines. Meanw...

The Aussie market has managed to hold onto some of the gains this afternoon despite dropping from the highs earlier in trade.  Laura discusses Trump’s tariffs with further information expected around them tomorrow morning at this stage, and she looks at the performance of the US market overnight.  A May rate cut continues to be in the conversation, mining and energy stocks have tak...

Wall Street moderated as investors remained cautious ahead of upcoming tariffs set to take effect on Liberation Day. Concerns over slowing manufacturing activity added to broader growth fears, while falling interest rates signaled expectations of three rate cuts in the US this year. In corporate news, Tesla shares rebounded ahead of its quarterly sales report, while Johnson & Johnson declined...

The market has finished the session with a gain this afternoon coming off the back of recent losses.  Laura unpacks the recent performance both internationally and at home and discusses the retail spending data that was in focus this morning ahead of the RBA interest rate decision.  Rates remained on hold as expected and so Laura gives some insight on that decision and the outlook for fu...

Wall Street bounced back from early losses, with investors positioning ahead of the month’s close. The Dow Jones led the late-session recovery, boosted by a 3% gain from Walmart. In Europe, markets struggled, with German stocks hitting their lowest levels since February and auto manufacturers led the decline ahead of Liberation Day tariffs. Commodities painted a mixed picture—oil price...

The Aussie market is set for its worst day in three weeks, down 1.5% as investors react to a sharp decline in U.S. markets, rising inflation concerns, and uncertainty over Trump's impending tariffs. Gold has surged as a safe-haven asset, but even gold stocks are caught in the broader sell-off. Looking ahead, markets will be watching Trump's tariff moves, Friday’s U.S. jobs report, and a key...

Wall Street is facing renewed growth concerns as Trump’s tariffs return to the spotlight. Technology stocks led declines, with Apple and Amazon each tumbling more than 4%. Auto makers also retreated on tariff worries, dragging General Motors and Ford lower. Elsewhere, Lululemon shares slumped following a profit downgrade. In Europe, car makers continued to weigh on EU stocks, reflecting simi...

The market has snuck into positive territory today but only slightly following a mostly flat performance.  Laura and Stevie reflect on the recent correction that the market has seen and the rebound that followed, continue the discussions around tariffs, and look at the mixed performance across the sectors.  Paladin Energy caught attention as did Aurora Innovation, and they look at what c...

Wall Street is retreating as concerns over trade tensions intensify, with the latest Trump tariffs on auto imports casting a shadow over global growth. U.S. and European carmakers are leading declines, while industrial metals are under pressure as investors question future demand. In commodities, oil prices are firming amid falling U.S. inventories, and gold is edging back toward record highs...