CommSec Market UpdateCommSec Market Update

AM 14 Aug 26: Soaring tech stocks send S&P 500 to fresh highs

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The S&P 500 hit a fresh record high overnight as tame US inflation data and another surge in tech stocks fuelled optimism. Closer to home, the ASX is poised to dip at the open as weaker commodity prices weigh on miners, while RBA Governor Michele Bullock is set to appear before a government committee today.

James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers.

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The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

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