Market Updates

Wall Street recorded a strong session , the first since Trump extended his 50% tariff on the EU from June 1st to July 9th. US consumer confidence also broke a 5 month decline, improving on the back of tariff reprieves between the US and China. S&P 500 up 2.05%, NASDAQ up 2.47%. Dow rose steadily throughout session to end near high. Up 741 points. All sectors up. Growth sectors best performers....

The ASX 200 finished up 47 points to 8408 (0.6%) ahead of US and UK reopening tonight. The banks led the market higher after a lacklustre session earlier, CBA up 0.8% and ANZ rising 1.4% with the Big Bank Basket up to $273.93 (+1.0%). MQG kicked 1.4% with other financials doing well too, NWL up 1.4% and CGF up 1.1%. REITs are flat, GMG is down 0.5%, with industrials doing better, and BXB is up 3.0...

US markets were closed yesterday for Memorial Day.  European stocks were up following first session since Trump’s tariff extension.  ASX to rise . SPI futures up 20 points (+0.24%). TLS Investor Day - ALS placement - Iron ore at two week low Want to invest with Marcus Today ? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you...

The ASX 200 finished unchanged at 8361, as US futures improved on the Latest Trump backflip. Gold and uranium are the stand-out sectors, with BOE up 7.3% and PDN rising 8.8%. NST and EVN are both doing well, and Cu pricing is helping, too. Iron ore missed, oil and gas flat, interest stirring in base metals, S32 up % and NIC up %. Banks drifted slightly lower, ANZ down 1.4% and NAB off 0.8%. The Bi...

Global stocks fell Friday as Trump reignited trade war fears . S&P 500 down 0.67%. Nasdaq down 1%. Dow down 256 points. Indices opened at the low, rising for most the session. VIX up 10%. The main headline: ‘here we go again’. Trump threatened 50% tariffs on EU goods after Bessent said the current deals weren’t good enough. He had been quiet since returning from the Middle-East… too quiet . Do...

The ASX 200 limped 12 points higher to 8361 (+0.2%) ahead of a long weekend in the US. For the week, we are up 17 points. Banks once again firm, CBA up another 0.7% with the Big Bank Basket up to $271.95 (+0.6%). ANZ outperforming. Insurers rose slightly, and financial services better, with XYZ up 5.5% and GQG bouncing 2.4%. REITs were firm, GMG up 2.2% and SGP rising 0.2% as 10-year yields steadi...

The S&P 500 ended Thursday near flat, as investors grappled with fears of rising rates and worries about a ballooning U.S. deficit. The 30-year Treasury yield hit its highest since October 2023 as lawmakers passed a bill that investors fear could worsen the U.S. deficit. The Dow Jones Industrial Average slipped 1.35 points, closing at 41,859.09. The S&P 500 lost 0.04% and ended at 5,842.01...

ASX to fall. SPI futures down 82 points (-0.98%). Want to invest with Marcus Today ? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you’re looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial...

The ASX 200 rallied another 44 points to 8387 (+0.5%). Off its highs but still looking ok. Once again, the banks led us up, CBA hitting a record high, up 1.5%, with the Big Bank Basket up to $273.04 (+1.2%). MQG is up 1.0% with insurers flat. 10-year yields at 4.48%. Other financials eased, and REITs drifted slightly higher. Industrials mixed, TLS continuing higher up 0.6% and ALL down 1.5% with r...

Wall Street recorded a negative session as markets contemplated US fiscal concerns while Congress debated a bill for tax cut. Ended a streak of six consecutive gains for the S&P 500. S&P 500 down 0.39%, NASDAQ down 0.38%. Dow down 115 points. Dropped at open and maintained level for most of session. Ended mid range. Mostly negative sector performance. Energy once again worst sector. Long-t...

 ASX 200 rallies 48 points to 8343 (0.6%), regaining yesterday’s loss as the RBA cuts rates by 25bps, as expected. Banks better, led by NAB up 1% with the Big Bank Basket up to $269.90 (+0.7%). MQG rallied 2.0% with other financials better, too, ZIP up 3.1% and PNI up 1.7%. Insurers firmed, and REITS pushed higher as rates fell. 10-year yields fell to 4.44%. Industrials are also doing well, with W...

Wall Street recorded a flat session following Moody’s downgrade of the US’s credit rating after market close on Friday. US indices dropped at open but recovered by the end of session. S&P 500 up 0.09%, NASDAQ up 0.02%. Dow up 137 points. Ended near high. Mostly positive sector performance. Healthcare best performing sector. Novarax (+15%) boosted sector as received FDA approval for Covid vacci...

ASX 200 followed US futures down on Moody’s downgrade, off 49 points at 8295 (0.6%).  Banks tried to hold off the selling, but the Big Bank Basket rose to $267.97 (+0.3%). MQG fell 3.4% as it went Ex-dividend. Financials slid, ZIP off 6.2% and PPT down 2.9% with PNI off 2.4%. Insurers unchanged, REITs fell as bond yields pushed up a little to 4.51%. GMG down 0.6% and SCG off 0.3%. Industrials ease...

Another good night on Wall St despite bearish headlines. S&P 500 up 0.7%. Nasdaq up 0.52% and the Dow up 332 points. Closing on the high. Michigan consumer sentiment dropped on Friday for the 5th month in a row to a 10Y low. Inflation expectations hit 4.6%. The highest reading since the measure began in 2008. Sounds bad but both numbers are sentiment based, not real data. The rise in stocks wa...

The ASX 200 wilted slightly from 8400, to close up only 46 points at 8344, touching a 3-month high. Today, it was all about resources as BHP , RIO, and FMG rallied. The gold sector, too, was back in demand, with GMD up 4.4% and NEM rising 3.6% after a bruising week. LYC bounced too much 2.7% with LTR continuing to find friends and shorts covering. Up another 3.2%. In oil and gas, WDS unchanged and...

Wall Street recorded another mixed day in a choppy session as US data came in weaker than expected. US producer prices unexpectedly dropped and retail sales were mixed. S&P 500 up 0.41%, NASDAQ down 0.18%. Dow up. Dropped at open but steadily rose throughout day. Ended near high, up 272 points. Mostly positive sector performance. Growth sectors returned some recent gains. Tech slightly down, C...

The ASX 200 rose 18 points to 8298 (+0.2%) as the banks put in another solid day. CBA is up 1.3% with NAB once again slightly outperforming, ANZ up 1.7% with the Big Bank Basket up to $266.85 (+1.3%). MQG rallied 1.2% with other financials mixed. Insurers better, IAG rose 5.7% after signing a deal with RACWA. Up 5.7%. REITs were once again under pressure as yields continued higher as job numbers c...

Wall Street recorded another mixed session as sectors diverged in their reactions to the US-China trade deal. S&P 500 up 0.10%, NASDAQ up 0.72%. Dow down. Rose at the open and fell throughout the day before recovering somewhat near end. Ended down 89 points. Mid-range. Primarily negative sector performance. Tech only sector up more than 1%, Cyclicals only other sector up, Financials flat. Alph...

The ASX 200 was up 11 at 8280 (0.1%), with some big movers hurting positive sentiments. ALL had an 8.9% fall on an earnings miss, and MQG slid 1.6% as ASIC looks at short selling reports. CBA reported a better-than-expected number and rose 0.8% with the Big Bank Basket up to $263.99 (+0.6%). NAB is rallying hard again. Insurers were better, SUN was up 0.9% with financials mixed, IFL toppled 15.8%...

Wall Street recorded primarily positive results as US inflation data came in slightly below expectations at 0.2% MoM rather than the 0.3% forecasted. S&P 500 up 0.72%, NASDAQ up 1.61%. Dow down. Fell at the open and dropped again before the close. Ended down 270 points, near low. UnitedHealth major drag on Dow, down 17.8% as the CEO stepped down and it suspended annual forecast. Mixed sector p...

The ASX 200 rose 36 points to 8269 (0.4%). 11-week high. Disappointing in some respects as defensive stocks saw sellers move to more leverage assets. Banks slipped with ANZ Ex-dividend, the Big Bank Basket down to $261.90 (-0.5%). MQG pushed another 3.7% ahead, with other financials doing well. HMC is up 3.7%, and RPL is rallying 5.7%. ZIP was the standout, up 8.8%, with XYZ bouncing 5.9%. REITs s...

Wall Street jumped as the US and China agreed to cut tariffs for 90 days. Chinese imports are cut from 145% to 30%. US imports are cut from 125% to 10%. S&P 500 up 3.26%, NASDAQ up 4.35%. Dow jumped at open at inched upward throughout the session. Closed up 1161 points, just 8 off high. Broad rally. All sectors up except Utilities . Flat. Cyclicals and Tech best performers. Amazon (+8.1%) and...

ASX 200 kicks higher , just up 2 points to 8234 (+0.0%) after losing momentum as the day wore on. US futures are up strongly on hoped-for details on US/China trade negotiations. Dow futures up 1.1%, Nasdaq futures up 2.1%. Gold fell, miners under pressure with GMD down 5.7% and EVN off 3.7%. Base metals and lithium stocks are better, MIN up 8.3% and LTR roaring ahead, up 12.6%. S32 is also having...

Stocks ended flat overnight. Profit taking took hold from a strong open ahead of US/China trade talks this weekend. S&P 500 down 0.1%. Nasdaq flat and the Dow Jones 119 points. Closing near the low. Energy the best performing sector as oil rebounded. Healthcare the worst. S&P 500 down 0.5% for the week. Our market flat . Trump news dictated market direction rather than economic updates. 45...

The ASX 200 rose 40 points (+0.5%) today, led by rebounds in banks and tech stocks. Most sectors in green. Financials lifted following a heavy selloff earlier in the week. MQG up 3.8% after reporting a profit rise. CBA up 0.9% while ANZ (-1.4%) lagged behind. Tech also firmed, riding a positive global lead from Wall Street on easing trade tensions. WTC up 1.1%, XRO up 2.7%. Want to invest with Mar...