Marcus Today

Market Updates

A twice-daily podcast from the Marcus Today team for self-directed investors. Published every weekday before the ASX open and after the close (AEST), these short updates cover what's moving markets, key developments overnight, and the themes shaping the trading day. Clear. Practical. No noise.

Author

Marcus Today

Category

Business

Podcast website

marcustoday.com.au

Latest episode

Jul 10, 2026

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Episodes

Pre-Market Report – Friday 7 February: Another quiet night | Path of least resistance is higher 06.02.2025

Wall Street closed mixed overnight, with the S&P 500 and NASDAQ up 0.36% and 0.51%, supported by upbeat earnings reports. The Dow lost 126 points (-0.28%). Up 93 points at best. Down 328 points at worst. Small caps lower too, Russell 2000 off 0.39% and the VIX eased a further 3.34%.  Why not sign up for a free trial ? Get access to expert market insights and manage your investments with confid...

End of Day Report – Thursday 6 February: ASX up 104, close to record high | NWS rallies on results 06.02.2025

The ASX 200 continues to march ever higher gaining 104 points to 8521 with a cooee of the record close. Banks led, everything else follows. CBA is up %, and ANZ is playing some catch-up football is up %, with the Big Bank Basket up to a new record of $267.97 (2.5%). MQG bounced 0.9% but still some question marks given the banks green and clean push in recent years. Insurers gained, QBE up 0.7% and...

Pre-Market Report – Thursday 6 February: US markets kick higher | Gold hits record 05.02.2025

US stocks rose overnight, brushing off underwhelming earnings from Alphabet. The S&P 500 rose 0.39%, with about 350 companies in the index ending in the green. The NASDAQ edged 0.20% higher, buoyed by gains in Nvidia (+5.4%), helping offset Alphabet's 7.3% tumble after the company posted downbeat cloud revenue growth. The Dow Jones ended near session highs, up 317 points (+0.71%). Up 331...

End of Day Report – Wednesday 5 February: ASX 200 rises 43 points | Resources rally, gold hits records 05.02.2025

The ASX 200 finished up 43 points at 8417 (0.5%). Resources were the stars today, BHP up 1.5% with FMG rallying another 2.0% and even lithium stocks better, MIN up 1.8% and PLS up 1.8%. Gold miners took a little while to warm up, but NEM ended up 1.2% and DEG up 2.5% with WGX bouncing back 3.4%. Uranium stocks glowing again, PDN up 2.8% and DYL up 1.9% with oil and gas stocks better too. Coal stoc...

Pre-Market Report – Wednesday 5 February: US markets rally, China reopens | Google down 6% on results 04.02.2025

The Nasdaq Composite and S&P 500 moved higher on Tuesday due to a strong gain in Palantir , as Wall Street sought stable footing following the latest developments on the global trade front. The tech-heavy index jumped 1.35% to 19,654.02, while the S&P 500 rose 0.72% to 6,037.88. The Dow Jones Industrial Average climbed 134.13 points, or 0.3%, to 44,556.04. The Chinese government slapped ta...

End of Day Report – Tuesday 4 February: ASX 200 gives up gains | Banks slip, gold better 04.02.2025

The ASX 200 finishes down 5 at 8374 (0.1%) as nerves and some investor apathy kicked in. China imposing a 15% tariff on US Coal and LNG hurting sentiment late. After a strong start banks faded with the Big Bank Basket closed modestly lower at $260.06(-0.25%). CBA down 0.3% with WBC down 0.2%. MQG kicked 0.4% higher and other financials improved, GQG up 2.4% and XYZ bouncing 1.0% on Bitcoin and tec...

Pre-Market Report – Tuesday 4 February: US markets off lows as Canada and Mexico given a reprieve 03.02.2025

The Dow Jones Industrial Average on Monday staged a major comeback, recovering steep losses from earlier in the session after President Donald Trump said tariffs against Mexico would be paused for one month. The Dow ended the day down 122.75 points, or 0.28%, to close at 44,421.91. At its lows of the day, the Dow was down 665.6 points, or 1.5%. The S&P 500 slid 0.76% to 5,994.57, and the Nasda...

End of Day Report – Monday 3 February: ASX 200 falls 153 points | CTT tumbles 03.02.2025

 ASX 200 kicks off February with a Trump Tariff induced loss of 153 points to 8379 (-1.8%). No sign of any rally as US futures point to further loses. Across the board falls with the Big Bank Basket down to $260.71 (-1.6%). CBA off 1.5% with MQG falling 1.6% and insurers weaker, QBE down 2.3% and SUN off 3.2%. REITs also under pressure, GMG off 1.6% and SCG down 1.6%. Healthcare eased with FPH war...

Pre-Market Report – Monday 3 February: US markets fall on tariffs | RSG CEO steps down 02.02.2025

Wall Street closed out the week lower after the White House confirmed tariff plans on Mexico, Canada, and China. The Dow Jones trimmed 337 points (-0.75%). Up 172 points at best. Down 375 points at worst. The S&P 500 lost 0.50%, and the NASDAQ fell 0.28%. For the week, Dow +0.27%, S&P 500 -1.0%, and NASDAQ -1.64%. For January, Dow +4.70%, S&P 500 +2.70%, and NASDAQ +1.64%. In economics...

End of Day Report – Friday 31 January: ASX back to record highs | Nasdaq Futures up 0.5% 31.01.2025

The ASX has finished the day up 39 points or 0.45% . Up 1.8% for the week. This close matches the all-time high achieved back in December. The day’s gains were driven primarily by a rally in mining, real estate and technology stocks. Technology was the biggest gainer, continuing the DeepSeek scare recovery and following Nasdaq futures higher. Why not sign up for a free trial ? Get access to expert...

Pre-Market Report – Friday 31 January: US markets higher again | Apple results 30.01.2025

 The Dow Jones Industrial Average popped 168.61 points, or 0.38%, closing at 44,882.13. At its session highs, it had added nearly 300 points. The S&P 500 rose 0.53% to 6,071.17, while the Nasdaq Composite gained 0.25% to end at 19,681.75. Stocks cut gains late in the session after President Donald Trump announced his intention to  implement 25% tariffs on goods imported from Canada and Mexico....

End of Day Report – Thursday 30 January: ASX 200 up 47, hits intraday record | ZIP comes undone 30.01.2025

The ASX 200 up 47to 8494 (0.6%). Record intra day, but unable to hold. Banks led the charge as always, CBA up 1.0% with the Big Bank Basket up to $264.96 (0.8%). MQG rallied 1.4% with insurers also in demand, XYZ up 2.8% and REITs firm on rate cut hopes. GMG bouncing 0.8% and SCG up 0.8%. Healthcare was stronger, CSL perked up and have been doing well recently. PME up 1.2% and OPT up another 1.0%....

Pre-Market Report – Thursday 30 January: US markets slip | Fed keeps rates on hold 29.01.2025

The S&P 500 slid on Wednesday after the Federal Reserve left interest rates unchanged in its first policy decision of the year, while Nvidia slipped following a strong session. The broad market index fell 0.47% to close at 6,039.31, while the Nasdaq Composite lost 0.51% to end at 19,632.32. The Dow Jones Industrial Average shed 136.83 points, or 0.31%, to 44,713.52. The Fed left the federal fu...

End of Day Report – Wednesday 29 January: ASX closes up 48 points | CPI better than expectations 29.01.2025

The ASX 200 faded slightly to close up 48 points at 8447, almost at an all-time high as US markets rebounded and CPI came in better than expected opening the door to a February rate cut. Banks led the charge early before fading slightly, the Big Bank Basket closed off at $262.75 (-0.1%). MQG rose 0.7% and insurers did better with QBE up 0.7%. Financial services continue to push ahead GQG up 3.5% a...

Pre-Market Report – Wednesday 29 January: US markets bounce | Nvidia up nearly 9% 28.01.2025

The S&P 500 advanced 0.92% to 6,067.70, with technology shares seeing the biggest gains among sectors. The Nasdaq Composite surged 2.03% to 19,733.59, following a 3.1% decline a day ago. The Dow Jones Industrial Average added 136.77 points, or 0.31%, to 44,850.35. Nvidia bounces 8.8% ASX 200 SPI up 36 - CPI today - Quarterlies Why not sign up for a free trial ? Get access to expert market insi...

End of Day Report – Tuesday 28 January: ASX 200 drops 10 points | Energy and data centre stocks hit hard 28.01.2025

ASX 200 fell 10 points to 8399 as DeepSeek weighed on energy and data centres. Banks kicked higher again with CBA up % and NAB up % with the Big Bank Basket up to $263.02 (0.7%). Financials were generally weaker, MQG down 1.5% on its data centre exposure and ASX falling 5.1% with IFT off 4.4%. REITS mixed with data centre fave GMG down 8.2% and SGP up 2.0%. Industrials mixed too, Retail better, WE...

Pre-Market Report – Tuesday 28 January: US markets hit with AI nerves | Nvidia falls 17% 27.01.2025

The S&P 500 and Nasdaq Composite were down sharply Monday on concern about an artificial intelligence stock bubble popping because of the emergence of Chinese startup DeepSeek, which has possibly made a competitive AI model for a fraction of the billions Silicon Valley is spending. The Nasdaq Composite lost 3.07%, falling to 19,341.83, and the S&P 500 slid 1.46% to 6,012.28. The Dow Jones...

End of Day Report – Friday 24 January: ASX 200 up 30, resources attempt a rally | BoJ raises rates 24.01.2025

ASX 200 up another 30 points to 8409 (0.4%). Plenty of green across the board, even resources improved in places. BHP up 0.5%, RIO up 0.3% and FMG rallying 1.0%. Gold miners eased back, EVN down 1.8% and NST off 0.6%. WGX dropped 4.8% on quarterly feedback. Lithium stocks firmed slightly, IGO confirmed the closure of its TLEA refinery, up 0.8% and LTR rallied 1.5%. Uranium stocks eased back, PDN d...

Pre-Market Report – Friday 24 January: US hits record | Trump wants lower oil and rates 23.01.2025

 The S&P 500 rallied to record highs on Thursday after President Donald Trump called for lower interest rates and cheaper oil prices. The broad market index added 0.53%, notching an all-time intraday high for the second straight session. The benchmark finished the day at 6,118.71, surpassing its prior all-time closing high of 6,090.27 recorded in early December. The Dow Jones Industrial Averag...

End of Day Report – Thursday 23 January: ASX 200 down 51 | Banks steady, miners fall 23.01.2025

The ASX 200 took a tumble today down 51 points to 8379 (0.6%) as resources came under pressure on Trump tariffs fears. Asian markets were resilient and iron ore unchanged in Singapore, but miners still sold off. BHP down 1.7% with FMG off 2.2% on quarterly numbers, lithium also under pressure too with PLS down 3.7% and MIN off 3.3%. Gold miners eased and uranium stocks help relatively firm. Banks...

Pre-Market Report – Thursday 23 January: US markets push higher on AI and Stargate | Gold up 22.01.2025

Stocks climbed on Wednesday, with the S&P 500 hitting a fresh all-time high, as Oracle and Nvidia rallied on artificial intelligence optimism and President Donald Trump’s new term in office. The S&P 500 advanced 0.61% after hitting an intraday record of 6,100.81, exceeding the last milestone touched in December before the market pullback. The broad index closed at 6,086.37, slightly below...

End of Day Report – Wednesday 22 January: Trump Day 2.0 22.01.2025

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Pre-Market Report – Wednesday 22 January: US markets push higher | Apple falls, Netflix up 13% 21.01.2025

The Dow Jones Industrial Average added 537.98 points, or 1.24%, to finish at 44,025.81. The S&P 500 gained 0.88% to end at 6,049.24, while the Nasdaq Composite rose 0.64% to 19,756.78. 3M climbed more than 4% after earnings came in better than analysts expected. Small-cap stocks also participated in Tuesday’s rally, with the Russell 2000 rising about 1.9%. Netflix is up 13% on after-hours resu...

End of Day Report – Tuesday 21 January: ASX 200 up 55 points | Tariffs in focus | BHP quarterly 21.01.2025

ASX 200 greeted the Trump era with volatility. The ASX 200 finished up 55 points to 8402 (0.7%), having sprinted out of the blocks early on tariff news and then collapsing as Mexico and Canada were threatened with a Feb 1 kick-off. Welcome to the funhouse. Across the board gains ultimately stuck, banks moved higher again on Macquarie upgrades, the Big Bank Basket ran to $257.96 (+1.2%). NAB up 2.1...

Pre-Market Report – Tuesday 21 January: US markets closed | Tariffs delayed for now 20.01.2025

U.S. stock market futures rose as Donald Trump was sworn in a second time. Regular trading on the New York Stock Exchange and Nasdaq was closed for the Martin Luther King Day holiday, but there was limited futures trading. The pan-European Stoxx 600 index closed 0.05% higher, reversing earlier losses as mining stocks led gains, up 1.2%. S&P 500 futures closed modestly higher, up 21.75 points....

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