Market Updates

ASX 200 fell 34 points to 8300 (-0.4%) with a late rally saving some blushes. Down 1.5% for the week. Banks showed some resilience, with CBA attracting investor interest as a safe-haven option. The Big Bank Basket rose to $257.08 (+0.2%), with MQG up 0.3% with insurers easing slightly. REITs fell with NKOTB DGT falling 9.0% on debut. Not a great debut. Industrials were mixed, WOW up 0.3% and ALL r...

 US equities pulled back overnight as hotter-than-expected US PPI data weighed on market sentiment. The Dow ended near session lows, down 234 points (-0.53%). Up 60 points at best. Down 245 points at worst. The NASDAQ fell back below 20,000 as tech stocks pulled back ahead of the Federal Reserves policy meeting next week and the S&P 500 lost 0.54%. On the economic front, US producer prices ros...

ASX 200 falls another 23 points to 8330 (0.3%) after a solid opening was derailed by the 3.9% headline unemployment number. RBA will be back in its box. Banks slid with ANZ still under some pressure, the Big Bank Basket up to $256.62(). Insurers slightly higher as 10-year yields jumped higher to 4.26%. Industrials mixed with retail down, tech up and ‘old skool’ platform stocks easing back, REA dow...

The tech-heavy index rose 1.77% to end at 20,034.89 and post an all-time high and a closing record. The broad market S&P 500 gained 0.82% to close at 6,084.19. The Dow Jones Industrial Average was the outlier, falling 99.27 points, or 0.22%, to 44,148.56. November's CPI was in line with expectations. The reading showed a 0.3% rise from October and 2.7% increase from a year ago. Excluding...

ASX 200 falls another 39 points to 8354 (0.5%) as profit-taking in the market leaders continues. No resource bounce today to counter that. Banks slid with the Big Bank Basket down to $256.32 (-0.3%). MQG off 0.8% and insurers slipping lower. Much lower as yields continue to fall on the ‘turtle’ dovish tilt from the RBA yesterday. REITs help up with GMG better, Tech once again under the pump with t...

US equities closed in the red overnight ahead of inflation data tomorrow. The Dow lost 154 points (-0.35%). Up 69 points at best. Down 215 points at worst. The S&P 500 pushed further away from recent all-time highs, down 0.30% and the NASDAQ eased 0.25%. NFIB Small Business Optimism Index jumped to 101.7 in November, its highest since June 2021. Small caps Russell 2000 ignored the positive eco...

ASX 200 slipped 30 points to 8393 (-0.4%) as investors switched from the high flyers to resources following the news yesterday from China. Banks saw selling pressure with CBA down 1.1% and NAB sliding 2.8% with the Big Bank Basket down to $256.99  (-1.5%). MQG off 1.9% with insurers under pressure too. High-flying platform stocks also in sell-down mode, with HUB and NWL down. REITs under pressure,...

The S&P 500 and Nasdaq Composite pulled back from record highs Monday, with tech shares struggling and investors looking ahead to key inflation data due out this week. The broad market index fell 0.61% to close at 6,052.85, and the tech-heavy Nasdaq slid 0.62% to end at 19,736.69. The Dow Jones Industrial Average shed 240.59 points, or 0.54%, settling at 44,401.93. The November CPI due out Wed...

 ASX 200 closes off lows, up 2 points to 8423. Quiet trade with resources recovering somewhat. BHP down only 0.3% with FMG off 1.2%. Lithium stocks remained under pressure with PLS off 4.4% and MIN down 1.6%. Gold miners slightly better, NST up 1.0% and GMD up 1.9%. Energy stocks lower again with WDS down 1.1% and PDN falling 2.0%.  Banks were mixed, CBA rose 1.5% with ANZ down 3.6% as CEO retires...

 The S&P 500 advanced modestly early and mostly held those gains into the closing bell in New York for its 57th record closing high this year. Breadth, however, continues to lag with just four of the 11 industry sectors rising. The S&P 500 is on track to hit 30% gains this year. The consumer discretionary sector outperformed, boosted by gains in Lululemon (+15.9%). The sportswear maker rai...

 ASX 200 has closed out the week in the red, down 54 points to 8421 (-0.6%). For the week down 0.14%. Almost all sectors closed in the red today, Utilities the expectation thanks to gains in APA up 1.4% after receiving a positive regulatory decision from the Australian Energy Regulator. Iron ore giants mixed. RIO and FMG slid over 0.5% each while BHP gained 0.3%. Lithium stocks dragged their feet,...

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US equities ended higher overnight with all three major indices closing in the green. Boosted by positive commentary from Powell and solid results from Salesforce. The Dow finished near session highs, up 309 points (+0.69%). Up 368 at best. The S&P 500 gained 0.61% booking its 56th closing record high in 2024, and the NASDAQ outperformed advancing 1.29%. Salesforce +11.0% hitting all-time intr...

ASX 200 ended 33 points lower (-0.4%) coming off record highs. The Aussie dollar took a big hit today, down 0.7% to 64.37c. In Asia markets are mixed, with China and Japan down 0.1% and 0.2%, while Hong Kong's Hang Seng gains 0.1%. Treasuries mixed 2Y yield off 3.8bps and 10Y yield flat. The Dow and NASDAQ Futures up 0.3% each. Why not sign up for a free trial ? Get access to expert market in...

The S&P 500 inched higher Tuesday, eking out another record close. The broad market index added 0.05%, ending at 6,049.88. The Nasdaq Composite advanced 0.40% to close at 19,480.91, hitting a new intraday record as Apple rose to a fresh 52-week high. Both the S&P 500 and the tech-heavy Nasdaq posted new closing records. The Dow Jones Industrial Average underperformed, losing 76.47 points,...

ASX 200 rose 47 points to a new record of 8495 (0.6%). Gains across the board with the solid bank sector remaining the bedrock. ANZ up 1.1% and NAB up 0.8%. CBA lost 0.3% with the Big Bank Basket up to $262.70 (0.2%). MQG kicked 1.2% higher and other financials joined the fun, ASX up 0.5% with NWL bouncing 3.7%. Insurers firmed and REITS in the green. GMG up 1.0% and SCG up 0.3%. Industrials conti...

The S&P 500 booked its 54th record closing high overnight, up 0.24%, while the NASDAQ rose nearly 1% led by gains in mega-cap tech stocks. Microsoft +1.8%, Meta +3.2% and Alphabet +1.5%. The Dow lost 129 points (-0.29%). Up 91 points at best. Down 200 points at worst. Small caps Russell 2000 ended just below flatline and Wall Street's “fear gauge” the VIX dipped 0.67%. In economics, US IS...

ASX 200 closes up 12 points at 8448 (0.1%) in lacklustre trade. Banks were mixed with the Big Bank Basket flat at $262.13. Insurers eased back as yields eased to 4.32%, QBE down 0.3% and MPL off 0.3% on NSW hospital changes.  REITs were mixed, GMG down 0.4% and CHC falling 1.4% as funds locked in some of the year's gains. Industrials mostly stronger, WTC up 1.1% on the new White deal with Isa...

Dow +0.42%, S&P 500 +0.56%, NASDAQ +0.83%, and Russell 2000 +0.35%. Eurozone inflation rose to 2.3% in November, as expected. Black Friday sales boost retail and tech stocks. Meta faces a 551m euro complaint, trial in October 2025. STOXX 600 +0.35%, FTSE 100 +0.07%, CAC 40 +0.78%, and DAX +1.03%. US equities closed out a shortened trading session higher as treasury yields came off multi-month...

ASX 200 drifts 8 points lower to 8436 (0.1%). Banks eased again with CBA unchanged with NAB and ANZ off around 1%. The Big Bank Basket fell to $262.13(-0.3%).  MQG dropped 0.6% with insurers down too. REITs slipped with SCG off 1.1% and VCX off 1.8%. Utilities slipped with ORG off 0.3% and industrials mixed again, TCL off 1.4% and SGH bouncing back 0.7% with REH up 0.6%. Tech mixed with WTC up 1.8...

US markets closed overnight. European markets better. SPI down 27. RBA Changes Passed. Why not sign up for a free trial ? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community .  

ASX 200 pushed 38 points higher to fresh highs of 8444. Up 0.5%. Banks back in charge with the Big Bank Basket up to $263.13 (0.7). CBA up 0.6% and NAB up 0.9%. Other financials also strong, MQG up 0.4% and insurers firm, QBE post its update rising 1.2%. IAG up 3.6% on acquisition news, ASX bouncing back too. REITS steady. Industrials are also steady but uninspiring. WOW up 0.5% and ALL up 0.3% wi...

The S&P 500 shed 0.38% to 5,998.74, snapping a seven-day winning streak. The Nasdaq Composite lost 0.6% to end at 19,060.48. The Dow Jones Industrial Average slipped 138.25 points, or 0.31%, to finish at 44,722.06, reversing course after trading up more than 140 points at session highs. US PCE Prices +0.2% MonM as expected. Bonds sold off over economic concerns. Dell tumbles 11.35% on quarterl...

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Dow advanced 123.74 points, or 0.28%, to close at 44,860.31, reversing course after dropping more than 300 points at session lows. The S&P 500 added 0.57% to 6,021.63. Both the Dow and S&P 500 notched new intraday and closing records. The Nasdaq Composite jumped 0.63% to 19,174.30. Tariff talk dominated. Volumes below normal as Thanksgiving approaches. Minutes from Fed released - The centr...