CommSec Market Update

Technology stocks are leading the market higher despite ongoing inflation concerns, with Nvidia rising on strong chip demand and Apple shares gaining ahead of a new product launch on February 19. US bond yields have dropped after producer price data signaled easing inflation, while MGM Resorts saw its biggest jump since 2020. Meanwhile, AppLovin is emerging as a potential rival to TikTok. In commo...

The market hit a record high today but softened as the session went on only just finishing in positive territory.  Laura and Steve reflect on the recent market performance and the attention that US inflation data took overnight ahead of the upcoming RBA meeting.  The sectors saw mixed performance with materials keeping things afloat, earnings reports continue to be the focus with IAG sha...

Wall Street slipped as investors reacted to the latest inflation figures, with Treasury yields seeing their biggest jump since December following Jerome Powell’s testimony. The Consumer Price Index revealed a significant rise in food prices, particularly eggs, adding to inflation concerns. Energy stocks slipped amid an inventory build, while CVS Health soared after its fourth-quarter profit...

The market gained momentum in afternoon trade today after a largely flat start, with most of the gains driven by just a few stocks.  Performance was mixed across the sectors, but the banking sector led the charge and ultimately helped us to finish in positive territory.  Laura and Stevie reflect on the session and talk through the stocks that saw the largest moves with Computershare and...

US inflation data looms as a key market test, while ongoing tariff discussions add to uncertainty. The US dollar held onto losses as Powell signalled patience on rate cuts. In corporate news, an AI partnership between Apple and Alibaba lifted Apple’s shares, while Coca-Cola’s earnings beat expectations, driven by higher prices. DuPont also posted strong results. Across the Atlantic, Eu...

The Aussie market struggled to hold onto gains today, with mixed earnings reports and ongoing tariff concerns shaping investor sentiment. CSL dragged the healthcare sector down due to weak flu vaccine sales and underwhelming earnings, while Nine Entertainment surged on optimism about the advertising market. Gold stocks shone as investors sought safe havens amid uncertainty, while industrials and t...

Wall Street showed signs of recovery after a volatile week, with tech stocks leading the gains. US steel and aluminum shares climbed as investors reacted to fresh tariffs announced by President Trump. Meanwhile, McDonald's reported stronger international sales, boosting investor confidence. In Europe, markets hit record highs, driven by gains in the FTSE. Oil prices continued to climb despite ling...

The Aussie market started the week with a slight dip, narrowing early losses but still weighed down by ongoing uncertainty around tariffs. Reporting season is now in full swing, with major companies revealing their latest earnings. Market volatility remains high, particularly for sectors like tech and telecom, with WiseTech dropping on fresh controversies and lithium miner Pilbara sliding on weak...

Wall Street closed the week under pressure, with the Dow Jones snapping a three-week winning streak. Declining consumer confidence weighed on sentiment, while rising inflation expectations pushed interest rates higher, adding to market concerns. Meanwhile, in Australia, earnings season gained momentum, with retailers taking center stage. JB Hi-Fi’s latest earnings report drew investor attent...

The market didn’t quite make it to that record high today and the week has finished with a slight decline.  Laura and Stevie reflect on this ‘very interesting week’ which started with some significant losses but ultimately levelled out as the week went on.  The sectors saw mixed performance with utilities and healthcare seeing losses, and consumer staples and tech among...

Wall Street continued to consolidate as investors awaited key employment reports, while trade war concerns eased despite ongoing threats from President Trump. In corporate news, Ralph Lauren surged the most in a year following an upbeat outlook, while Tapestry shares soared as Coach exceeded expectations. Philip Morris hit record highs, driven by strong demand for its Zyn nicotine pouches, while H...

Laura is back with Stevie again today on a day where the market has seen its best performance in around three weeks recovering from the recent market volatility.  They reflect on the local market with the energy sector being the only one to see declines, discuss the stocks that saw the largest moves including Newscorp and Star Entertainment Group.  Gold prices continue to grow amid the m...

US stocks are consolidating as markets still weigh the ongoing tariff discussions. Traders are looking past AI sector jitters, while bond yields tumble to multi-week lows following weak service sector data. In equities, Alphabet tumbled as slowing iCloud growth made it the worst performer in the S&P 500, while AMD slid after issuing a disappointing AI growth outlook. In contrast, Nvidia surged...

Stevie is going solo today as he recalls a week which has had some challenges.  Despite the recent months of strong performances, tariff conversations this week wiped out many of those gains, but today there was some positive moves with the local market clawing back some of those losses and only three sectors dropping.  Internationally there were earnings results which could impact the U...

Wall Street rebounded as stock buyers stepped in, driving gains in the S&P 500, particularly in the energy sector. Investors are closely monitoring talks between President Donald Trump and Chinese leader Xi Jinping. In corporate news, Palantir Technologies surged on strong AI-driven demand, marking its biggest jump in a year. Meanwhile, Merck halted vaccine shipments to China, which negatively...

The market has seen some recoveries today following the substantial tumbles of yesterday.  Tariffs continue to be the topic of conversation as delays are now in discussion, and these mixed messages have resulted in erratic market performances internationally.  Laura and Stevie look at the local market performance, with tech, banking, and mining recovering some losses, and overall around...

US share markets rebounded from recent lows on hopes of a resolution to tariff tensions, while US bond yields fell as investors sought safety. Manufacturing activity in the US expanded for the first time since 2022, offering a positive signal for the economy. However, European shares recorded their steepest daily drop of 2025, and the US dollar softened following a one-month pause on Mexico tariff...

Laura and Stevie join us on a day where we erased almost half of last month’s gains in a single session.  In this ‘worst day in five months’ Laura and Stevie unpack this sea of red, and the part that Trump’s tariff decisions have played in the losses.  With all of the sectors in negative territory they unpack the performance across the board, and look at the Aussi...

US stocks faced downward pressure as the deadline for Trump’s tariffs approached. Energy stocks led the declines, with Chevron’s earnings miss weighing heavily on the sector. Meanwhile, Apple shares also ended lower after the company reported disappointing iPhone sales. Technology stocks were among the hardest hit for the week, contributing to broader market losses. Commodity prices, o...

The Aussie share market is off to a roaring start in 2025, hitting fresh record highs. This week’s rally was fuelled by softer-than-expected inflation data, which increased the chances of an interest rate cut, as well as strong performances from the materials sector. Global markets had plenty of action too—Trump’s tariff threats shook investors, while the Fed held rates steady. M...

Wall Street advanced as strong earnings lifted sentiment, though tech stocks struggled. Meta surged on revenue beats, while Microsoft slipped on weak results. UPS plunged after announcing plans to cut business with Amazon, while Las Vegas Sands and IBM rallied on strong sales outlooks. Elon Musk remained upbeat about Tesla’s new EV models despite mixed earnings. Meanwhile, the European Centr...

Aussie stocks hit a record high despite Wall Street’s decline, with the market up 0.7% and on track for its best month since late 2023. Trump took to Truth Social to criticise the Fed for keeping rates on hold, blaming inflation on green policies and vowing to fix it through energy and trade reforms. Locally, softer-than-expected inflation data fuelled speculation of a rate cut in February,...

Wall Street’s recent recovery stumbled as technology stocks faced pressure, with the Magnificent 7 taking a hit on earnings day, led by Nvidia’s 6% decline. Starbucks showcased a turnaround with better-than-expected earnings, while ASML surged the most since 2020, buoyed by AI-driven demand. Meanwhile, the Bank of Canada cut interest rates, warning that tariffs could stoke inflation. A...

The Aussie stock market rebounded strongly today, with inflation data fueling expectations of an imminent interest rate cut by the Reserve Bank. Softer-than-expected inflation figures pushed the likelihood of a February rate cut from 80% to 90%, boosting investor confidence and driving the ASX closer to record highs. Locally, all 11 sectors ended higher, led by tech, utilities, and property. Compa...

Wall Street staged a recovery, driven by a rebound in tech stocks, with NVIDIA surging 7% following Monday's AI-driven stock rout. Royal Caribbean also saw gains, buoyed by a positive profit outlook and its new river cruise launch. Meanwhile, President Trump's announcement of potential tariffs on computer chips, steel, and pharmaceuticals stirred market uncertainty, impacting oil prices as traders...