CommSec Market Update

The Aussie market had a rough session, sliding 0.6% after a promising start to March, with global markets also feeling the pinch. Trump's tariffs on Canada, Mexico, and China kicked in, fuelling trade war concerns and adding uncertainty to Australia's market. Oil prices dropped to a 12-week low, meanwhile insurance stocks reacted to an impending cyclone, and gold prices rose as investors sought sa...

Wall Street saw declines as energy stocks dragged the S&P 500 down, while the Dow Jones fell on tariff concerns. US bond yields slipped following disappointing manufacturing data, while semiconductor shares also slumped. In contrast, European markets closed at record highs, driven by gains in defence stocks. Meanwhile, oil prices dropped to their lowest level this year as OPEC signalled plans...

The Aussie stock market started March strong, rising 0.9% after a tough February. Market sentiment is influenced by Trump's latest moves, including impending tariffs on Canada, Mexico, and China, as well as his crypto reserves plan. Locally, all 11 sectors gained, led by energy, materials, and tech stocks. Star Entertainment's trading suspension looms large, with liquidity concerns threatening its...

Wall Street ended a turbulent month on a positive note, with the S&P 500 getting a late-day boost. However, the Nasdaq posted its worst month since April 2024, reflecting ongoing market uncertainty. Meanwhile, U.S. consumer spending fell in January as inflation continued to ease. In corporate news, AES shares soared after the company reported better-than-expected earnings. Over in Europe, mark...

The market is down today and Laura and Stevie reflect on a month that has dropped to levels not seen since 2022.  They discuss how the US market performed overnight and the impact that likely had on local markets with Chinese tariffs in the conversation again and dragging on markets.  All of the sectors are in the red, they talk through the biggest movers including PEXA group, and Endeav...

US stocks are experiencing some volatility after Trump affirmed that tariffs will take effect sooner than previously expected. In company news, investors reacted to a mixed earnings report from Nvidia, while eBay shares tumbled on disappointing first-quarter sales. In contrast, Warner Bros. shares jumped on gains in streaming subscribers. Meanwhile, US Treasury yields rose ahead of key inflation d...

The market has edged higher today following the recent losing streak.  Laura and Stevie talk through this session and the impact that Nvidia’s record breaking earnings results had on both local and international markets.  Locally most of the sectors saw improvements across the session, they talk through the earnings results that caught attention including Coles and IDP Education, a...

US stocks are experiencing a downturn ahead of key earnings results, with Nvidia set for a major test. On the other hand, General Motors raised its quarterly dividend. Meanwhile, US defence stocks fell as Trump confirmed Mexico and Canada tariffs will take effect on April 2. In commodities, oil remains at a two-month low amid rising US fuel inventories, while copper surges and iron ore extends its...

The market has dropped again today in a week that has seen mixed performance across the sectors.  Laura and Steve unpack the session with materials doing the worst and financials helping to balance some of those losses.  Earnings results will continue through the week and so they analyse likely outcomes from these and they reflect on the part that tariff conversations continue to play on...

The S&P 500 has extended its losing streak to four days as weak consumer confidence data weighed on sentiment. Nvidia dragged the NASDAQ lower ahead of its earnings report, while the Magnificent 7 stocks slipped into correction territory. Meanwhile, Tesla sales plunged 45% in Europe, and Krispy Kreme shares suffered a record drop. In Europe, stocks ended higher as gains in banking and healthca...

The Aussie market is down for the sixth time in seven sessions, with losses across tech, mining, and banking sectors. Investors are on edge ahead of Nvidia’s earnings and key U.S. inflation data, both of which could shake global markets. While energy stocks are mixed, Woodside is up despite a profit slump, and consumer discretionary stocks, including Wesfarmers, are dragging. Meanwhile, Zip...

Wall Street is seeing mixed trading, with Nvidia's earnings in focus. In company news, Apple plans to add 20,000 U.S. jobs amid tariff concerns, while Alibaba shares drop on China trade worries. Berkshire rises on strong earnings, but Domino’s slips after a U.S. sales miss. Meanwhile, U.S. Treasury yields are lower ahead of key inflation data, and European markets edged down following German...

The Aussie market started the week with little movement, as declines in tech and resource stocks were balanced by gains in the big banks. Despite slipping earlier, the market recovered from its worst levels, continuing a rough streak of losses over the past six weeks. Globally, the US market saw its worst session of the year, with tech giants dragging the S&P 500 lower. Locally, earnings seaso...

Stocks ended the week lower, with Wall Street suffering its worst session of 2025 so far. US bond yields fell amid weakening economic data, while UnitedHealth declined on a Medicare billing probe. Akamai slipped on a weak outlook, but vaccine stocks jumped on reports of a new coronavirus study in China. In Europe, the Stoxx 600 neared record highs as Germany’s election took focus. In commodi...

The Aussie share market is wrapping up its worst week since September 2022, down roughly 3% as financial stocks weigh heavily after a string of disappointing bank earnings and an RBA rate cut. Despite hitting record highs just last week, the financial sector is now on track for its worst weekly performance in two and a half years. Meanwhile, the materials sector is offering some support, with BHP...

US stocks fell as Walmart’s profit forecast missed expectations amid slowing growth, while Palantir shares fell as the Pentagon planned budget cuts. Alibaba surged on an e-commerce and cloud revival, and Hasbro gained on a profit beat. Meanwhile, US banks underperformed, heading for their worst drop in two months, and European stocks declined ahead of the German election. Oil extended its ra...

The Aussie market continued its losing streak, falling 1.3% and hitting a one-month low, weighed down by declines in financial and materials stocks. Banks, particularly ANZ, struggled after recent strong gains, while mining giants Fortescue and Rio Tinto disappointed with lower profits. Despite a challenging environment, some bright spots emerged—Telstra surged after announcing a dividend in...

The S&P 500 reached new record highs despite a mixed market performance. President Trump has announced plans to impose tariffs on autos, pharmaceuticals, and chips, raising concerns among Fed officials about inflation. European shares saw their biggest daily drop of 2025 on tariff fears, while UK inflation jumped to a higher-than-expected 3% in January. In corporate news, Apple unveiled a low-...

The Aussie market suffered its third consecutive decline, with financial and energy stocks leading the losses. The financial sector, in particular, posted its worst drop of the year, driven by NAB’s disappointing quarterly report and CBA trading ex-dividend. Meanwhile, mineral resources plummeted over 20% after swinging to a major loss and cutting its iron ore guidance, while Santos slashed...

US investors return from a public holiday with a cautious mindset, yet optimism remains for equities, as investors expect them to be the best-performing asset class in 2025. In corporate news, Intel shares surged the most since 2023 on speculation of a potential breakup, while SuperMicro extended its rally after issuing a bullish forecast. In contrast, Medtronic fell as quarterly sales missed expe...

Interest rates have been cut today and the market’s reaction was mixed.  Laura and Stevie unpack this volatility and the uncertainty in investor sentiment following statements from the RBA that muddy expectations around further rate decisions.  The interest rate sensitive sectors today took a hit, and there was a barrage of earnings results out today including Baby Bunting and Chal...

The Presidents’ Day public holiday has Wall Street offline yet it ended higher in afternoon trade. In Europe, stocks hit record highs, with defense stocks surging amid ongoing geopolitical tensions. In commodities, oil prices lifted on speculation that OPEC may delay planned output hikes, while gold gained on a softer U.S. dollar. Meanwhile, iron ore slid as supply fears eased following cycl...

The market has fallen today but this is following four straight days of improvements.  Laura and Stevie reflect on today’s session and discuss the imminent interest rate decision.  They discuss the likelihood of a rate cut and the impact that either outcome could have on the market, and look at the performance of each of the sectors with some of the biggest ones being weights on th...

Wall Street had a mixed finish last week, with the broader market remaining flat while technology stocks led gains despite rising concerns over export controls. Better-than-expected earnings provided support, helping stocks notch weekly improvements. In company news, Airbnb shares surged after delivering a stronger-than-expected outlook, while Applied Materials fell on a downbeat forecast. Looking...

To conclude what has been a huge week of earnings results Laura joins us this afternoon solo to chat through a day that has exceeded expectations with another record high.  She reflects on the session and looks at the US market performance overnight amid further talks of tariffs.  The sectors have mostly seen rises with consumer staples leading those gains, and Laura looks to the stocks...