CommSec Market Update

Wall Street wrapped up the month on a high note, with both the NASDAQ and S&P 500 posting their best May gains since the 1990s. Investor sentiment was lifted by encouraging inflation data and moderating interest rates. Elsewhere, Costco shares climbed after the retail giant reported earnings that surpassed expectations, while commodities eased as investors turned their focus to upcoming key ma...

Aussie shares are wrapping up May on a positive note, with the market up 3.8% for the month and 0.8% for the week. A surprise dip in retail sales sparked speculation of rate cuts, with markets now pricing in three cuts by year-end. Trade tensions are back in the spotlight as a US court temporarily backed Trump's push for tariffs, adding fresh uncertainty. Sector-wise, tech has been a standout, up...

Wall Street rallied overnight, buoyed by renewed trade optimism and upbeat corporate earnings. Nvidia impressed investors with stronger-than-expected quarterly sales, though its outlook flagged a potential $8 billion impact from US export restrictions. Meanwhile, beauty retailer E.L.F. surged over 23% following news it will acquire Hailey Bieber’s skincare brand, Rhode. However, not all sign...

The Aussie market has pushed modestly higher once again today.  Laura unpacks the session which has followed the recent trend of cautious performances and discusses the likelihood of an imminent rate cut following yesterday’s inflation data.  Laura reflects on the month analysing how each of the sectors have performed and gives the latest on Trump’s liberation day tariff&rsqu...

US stocks eased overnight as investors awaited key earnings reports, with particular focus on Nvidia, whose results are crucial for market sentiment around AI. Meanwhile, long-term interest rates continued their upward march. In the retail sector, fortunes were mixed, with attention turning to Dick's Sporting Goods following a notable transaction involving Foot Locker. Adding to the geopolitical t...

The session started with gusto this morning but ran out of steam as the day progressed with the market dropping into negative territory.  Laura and Stevie discuss the session which briefly hit a record high, and if inflation data was associated with the performance.  They unpack the role that this data could play in upcoming interest rate decisions, the stocks that moved the most includi...

US shares climbed as investors welcomed signs of economic and trade progress. Despite a sharp drop in durable goods orders—pointing to ongoing business uncertainty—consumer confidence rebounded strongly this month. In corporate news, Tesla shares rose as Elon Musk reaffirmed his focus on the company, while Nvidia jumped ahead of its earnings results. US bond yields dipped amid easing s...

The Aussie market ticked higher today, inching closer to record highs thanks to a late-afternoon lift. Investors remain cautious amid tariff uncertainty, but optimism is building as U.S. futures rise in response to Trump delaying EU tariffs. All eyes now turn to tonight’s global market reopening and tomorrow’s key Aussie inflation data, which could shake up the market ahead of July&rsq...

Global markets are buoyed by renewed trade optimism, with Washington softening its stance on tariffs and US futures surging in response. In Canada, the stock market hit a record high, while EU automakers rebounded after President Trump delayed tariffs on European imports. Meanwhile, Chinese President Xi Jinping is reportedly considering a revamped "Made in China" strategy. In commodities, oil pric...

The market has remained at a standstill this afternoon as uncertainty continues amid further potential tariffs and a holiday shortened week for the US and the UK.  Laura and Stevie discuss this cautious session, reflect on what was a mixed performance across the sectors, a discuss the standout stocks with Origin Energy and Elders gaining attention.  They look to the days ahead as some ma...

Wall Street slipped as investors grew cautious over renewed trade tensions, following fresh comments from Donald Trump, who insisted Apple must pay a 25% tariff on iPhones. Deckers' stock took a sharp hit, plunging on signs of a slowdown in sales of its popular Hoka brand. Meanwhile, renewable energy stocks and interest rate markets held steady after recent volatility, with the latter calming foll...

The Aussie market has lifted modestly today in a week that has finished only slightly higher than it started.  Laura and Stevie reflect on the recent performance where the market has remained cautious but crept higher each week, discuss the latest happenings out of the US regarding tax and tariffs, and unpack the sectors where materials held the market back from bigger gains.  They discu...

Aussie shares are tipped to rise as easing U.S. bond yields provide relief to global markets, and Bitcoin hits a new record high. Long-term bond yields briefly hit multi-month highs before retreating, helped by Federal Reserve comments hinting at potential rate cuts later this year. Locally, the ASX200 is expected to inch higher after a rocky session, with eyes on the resources sector as oil and i...

The market has reversed the recent gains today as it took a breather following yesterdays near record high.  Laura and Stevie discuss the session which has seen the week ultimately remain flat, and unpack the sectors with all but materials dropping into the red.  A number of stocks have caught attention today including IAG, Mayne Pharma, and Orica and they look at what to expect in the d...

Wall Street retreated as mounting deficit fears triggered a sell-off in bonds and equities. In company news, Apple shares declined after its lead designer became entangled in a partnership with OpenAI, while Target stumbled as tariffs weighed on its earnings. Meanwhile, banks also pulled back amid renewed jitters over rising interest rates. In commodities, oil prices fell on news of US-Iran nuclea...

The Aussie market has continued to push higher today following both the interest rate cut that happened yesterday and talks of further cuts in the coming months.  Stevie is solo to discuss this near 13-week high for the Aussie market, break down local performance with most of the sectors seeing growth, and unpack the recent US market gains.  He talks through the biggest movers today incl...

Wall Street snapped a six-day winning streak as investors searched for fresh catalysts to drive momentum. Technology stocks led the decline, weighed down by rising bond yields, which edged higher amid ongoing fiscal concerns in the U.S. In corporate news, Home Depot said it doesn’t expect to raise prices in response to new tariffs, while Elon Musk confirmed Tesla’s plans for a robo-tax...

The Aussie share market rebounded on Tuesday, rising 0.7% after breaking a nine-month winning streak, with 10 of 11 sectors posting gains. The Reserve Bank of Australia delivered its second rate cut of 2025, lowering interest rates by 25 basis points to 3.85% — the lowest level since May 2023. Looking ahead, earnings from James Hardie, New Farm, Webjet, and Seek are in focus, with internatio...

US markets closed almost unchanged on Monday, despite underlying volatility. The S&P 500 notched its sixth winning session, as investors appeared to look past the recent US credit downgrade. UnitedHealth shares extended their rally after the CEO bought into a beaten-down stock, while Reddit shares slipped amid concerns over a potential threat from Google’s AI developments. Meanwhile, the...

The winning run for the Aussie market has come to an abrupt end today.  Stevie is solo to reflect on what has been a decent run over the past couple of weeks, look at the recent performance of international markets, and to unpack what could be on the cards with an interest rate decision expected for Australia tomorrow.  The sectors mostly saw declines today with mining and energy stocks...

Wall Street ended the week on a high note, marking its fifth consecutive day of gains despite US consumer sentiment sinking to its second-lowest level on record. Inflation expectations among consumers have surged to their highest since the early 1980s, adding to market jitters. Meanwhile, after-hours trading remains in focus as Moody’s downgraded the US credit rating, while commodities faced...

The Aussie share market notched its eighth straight day of gains—its longest winning streak in nine months. Locally, strong wages and jobs figures haven’t shifted expectations for a possible rate cut when the RBA meets next week—though some speculate rates could remain on hold. Key sectors like materials and tech led the charge, while financials wobbled despite CBA briefly hittin...

Wall Street delivered a mixed performance as leading technology stocks lost some ground. However, broader markets gained amid falling US bond yields driven by shifting Federal Reserve expectations. Retail sales growth slowed, contributing to a dip in both bond yields and the US dollar. In company news, Cisco shares rose on a positive sales forecast, while Walmart warned of impending price hikes du...

The Aussie share market managed to carve out another small gain, extending its winning streak to seven sessions, though overall moves remain cautious as investors eye record highs. Stronger-than-expected jobs data surprised economists, with 89,000 new roles added in April—most of them full-time positions for women—fuelling speculation about the Reserve Bank’s next move. Investors...

The S&P 500 has shown signs of exhaustion following a substantial rebound, while rising bond yields weigh on market sentiment and strengthen the US dollar. Technology stocks have gained at the expense of the broader market, with Middle East deals propelling SuperMicro higher. Boeing has secured a record deal with Qatar and is expected to create significant jobs, while healthcare stocks continu...