CommSec Market Update

The market has had a solid run over the past five days but today snapped that winning streak closing slightly lower.  Laura and Stevie reflect on this positive run and the impact that tariff conversations may have played in the end to the rally.  They reflect on the performance of the sectors with energy and mining doing their part to keep the market aloft, and they talk through the atte...

US stocks fell sharply as President Trump prepared to announce auto tariffs, dragging down car shares. While banks appeared resilient against the latest tech-led sell-off, tech stocks faced heavy pressure, with Nvidia hit particularly hard. Meanwhile, CFO optimism in the US declined amid growing tariff uncertainty, though the US dollar gained on the same concerns. In Europe, UK Finance Minister Ra...

The Aussie market has seen further gains today with most of the sectors in positive territory.  Laura is solo today unpacking the session and reflects on the federal budget with many of the announced measures unlikely to impact interest rate decisions, inflation data coming in softer than expected however did result in some choppy moves this afternoon.  Dividend payments continue to be a...

Wall Street wavered overnight as investors digested Monday’s strong rally. US consumer confidence fell to a four-year low, weighing on sentiment. Meanwhile, KB Home shares slipped on affordability concerns, while UPS also declined amid worries over weak demand. In contrast, International Paper gained as brokers predicted a guidance beat. Elsewhere, Tesla’s market share in Europe contin...

The Aussie market is clinging to gains after a choppy session, with the ASX 200 flirting with the 8,000-point mark before retreating. US markets provided some support, buoyed by optimism over a potentially softer approach to tariffs. Tech stocks led local gains, mirroring a strong Nasdaq performance, but with Australia's tech sector being small, it wasn’t enough to lift the whole market. Loo...

US markets rose overnight, buoyed by hopes of softer tariff measures. Tesla rebounded 10%, marking its strongest rally since the post-election surge, while Chinese rival BYD surpassed Tesla in revenue. In contrast, Azek slumped following its deal with James Hardie. Bond yields climbed on reports suggesting narrower tariffs from the Trump administration. Across the Atlantic, European markets ended...

A flat start to the week for Aussie stocks, with investors keeping a close eye on inflation data and a wave of dividend payouts ahead. The ASX 200 is struggling to break past the 8,000-point barrier, despite last week's 1.8% gain—its best of the year. Financials are holding the market up, while tech and consumer staples are among the worst performers. . Investors are also watching James Hard...

Wall Street ended the week with modest gains, as the Dow Jones notched its biggest weekly advance in two months. Tech stocks led Friday’s climb, adding momentum to the broader market. Meanwhile, FedEx shares slumped after the company cut its full-year forecast, while Nike fell as tariffs weighed on revenue. In commodities, oil prices firmed for a second straight week, gold eased back from re...

Despite a turbulent session the market is in positive territory today which after the improvements of yesterday has set us up for the best week of the year.  Laura and Stevie discuss the performance of international markets overnight amid the ongoing trade uncertainty and look at the local market with Coles and Woolworths pushing consumer staples higher after the ACC’s investigation int...

Wall Street’s recovery lost momentum overnight, with technology stocks leading declines. In company news, shares in Accenture and IBM fell after warnings of DOGE cost cuts. Meanwhile, US bond yields tumbled as the Federal Reserve highlighted growing economic risks. In Europe, markets also slipped after global central banks flagged rising economic uncertainty. Elsewhere, oil prices climbed mo...

The Aussie market has lifted today meaning we are on track for the best day in around six weeks.  Laura and Stevie unpack this solid rebound following the recent lows and reflect on the monthly performance to date.  With the US market seeing gains overnight they discuss this performance and with local jobs data having missed expectations and stealing the spotlight they unpack the part th...

Wall Street advanced overnight, with the Dow Jones posting strong gains following the latest Federal Reserve decision. Technology stocks led the charge as long-term interest rates eased. European markets also climbed for a fourth consecutive session, with attention turning to Friday’s final vote on Germany’s spending plan. Meanwhile, energy stocks rose on the back of higher oil prices,...

The Aussie market’s three-day winning streak came to an end, with the ASX slipping 0.4% after a choppy session. Global markets remain volatile, with the S&P 500 still nearly 9% below its February peak and the NASDAQ down 13%. Nvidia’s highly anticipated developer conference failed to impress, leading to a 3.3% drop in its stock price. Gold continued its record-breaking run, while o...

Wall Street slipped overnight after a short-lived recovery, weighed down by fresh concerns across multiple fronts. The cost of US tariffs is increasingly being passed through to import prices, while bond markets are bracing for a slowdown. Meanwhile, chip giant Nvidia failed to impress with its highly anticipated AI ‘Super Bowl’ event, despite unveiling its new Blackwell Ultra and Vera...

The Aussie market is barely holding onto gains after a volatile session, with global markets still recovering from recent corrections. Despite a strong start, the market has given back most of its early gains, though a third consecutive day of growth remains possible. The U.S. market has also been struggling, with the Dow Jones suffering its worst week in two years. Meanwhile, gold has surged to r...

Wall Street continued its recovery as the Dow Jones surged 500 points, and all S&P 500 sectors traded higher. However, a pullback in services weighed on the retail spending rebound, adding some uncertainty to the market’s momentum. Meanwhile, Nvidia investors are looking to the CEO’s upcoming speech to sustain the stock’s recent rebound. In commodities, copper reached a five-...

The Aussie market kicked off the week with strong gains, rising 0.7% on Monday, marking its second consecutive day of growth. A rebound in U.S. markets, hopes of Chinese stimulus, and rising commodity prices helped fuel the rally, with energy and mining stocks leading the charge. Notable winners included Mineral Resources, A2 Milk, and Woodside Energy, while gold miners and NAB lagged behind. Mean...

U.S markets have seen improvements after a challenging week, signalling resilience. Averting a government shutdown provided some relief, though consumer sentiment has fallen to its lowest level since 2022. Commodities surged, with gold reaching a record high and iron ore approaching a two-week peak. Meanwhile, Chinese economic data is expected to reflect the impact of recent stimulus measures. Loo...

Amid a week of losses, the market has recovered slightly this afternoon bringing with it the first gain since Monday.  Laura and Stevie reflect on the turbulent recent performance with the market having seen significant drops since the February record high, and further unpack the ongoing tariff saga.  Most of the sectors have seen strong gains today with the materials space boosting the...

US stocks tumbled, pushing the S&P 500 into a 10% correction. In company news, Adobe shares fell as a tepid outlook failed to excite investors, while Tesla remained volatile. Meanwhile, US bond yields declined following benign producer price data. Elsewhere, European shares edged lower after President Trump vowed 200% tariffs on EU wine. In commodities, oil prices dipped on shifting supply-dem...

The session started with some small gains to give investors hope, but unfortunately those moves in the right direction were wiped out as the day went on.  Laura and Stevie reflect on this performance and the lifts in international markets overnight amid inflation data and tariffs, they unpack each of the local sectors with declines being the common theme since mid-February, and the part that...

US markets are showing signs of recovery from recent lows, buoyed by cooling inflation data. Tech stocks saw notable moves, with Intel jumping on reports that TSMC has pitched a foundry joint venture to Nvidia. Energy stocks also surged, with nuclear power companies gaining as Amazon and others pledged to triple capacity. Meanwhile, oil prices rose 2% on tighter US supplies, lifting broader commod...

The Aussie market tumbled to a seven-month low, shedding $47 billion in a single day, with losses now totalling over $300 billion since February’s record high. The ASX 200 slipped into correction territory, down 10% from its peak, with widespread selling hitting 10 out of 11 sectors. Financials, the largest sector, saw their seventh straight day of declines, while a long list of major stocks...

U.S. stocks tumbled to their lowest levels in six weeks as escalating trade war tensions fueled market uncertainty. President Trump is reportedly reconsidering a tariff hike after Ontario halted an energy charge, adding to the volatility. Meanwhile, airlines issued a bleak outlook for consumer demand, and semiconductor giant Teradyne saw its shares plunge to their lowest levels since 2022. Commodi...

Despite a rocky start, the Australian market managed to pare back some of its losses, ending with a decline of around 0.75%. US markets also struggled, with fears over Trump’s tariff policies fuelling uncertainty and pushing the S&P 500 down 2.7% and the Nasdaq down 4%. While most sectors suffered, some bright spots included gains in major banks, a slight rebound in mining stocks, and en...