Wall Street tumbled overnight as hotter-than-expected US inflation fuelled expectations of further Federal Reserve rate hikes, while heavyweight AI and chip stocks extended their losses. The ASX is also under pressure after yesterday's decline, but what could the latest developments on Wall Street mean for local trading today? Plus, why concerns are growing over the debt levels of companies financing the AI boom.

Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers.

Check out our Market News page

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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.

Wall Street tumbled overnight as hotter-than-expected US inflation fuelled expectations of further Federal Reserve rate hikes, while heavyweight AI and chip stocks extended their losses. The ASX is also under pressure after yesterday's decline, but what could the latest developments on Wall Street mean for local trading today? Plus, why concerns are growing over the debt levels of companies financing the AI boom.
Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers.
Check out our<a href="https://www.commsec.com.au/market-news/the-markets.html"> Market News page</a>
Follow us on: <a href="https://www.instagram.com/commsec/">Instagram </a><a href="https://www.linkedin.com/company/commsec/posts/?feedView=all">LinkedIn </a><a href="https://www.youtube.com/@CommSecTV/featured">YouTube </a><a href="https://www.tiktok.com/tag/commsec">TikTok</a>
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.

Stay across key moves in the Australian and global share markets with the CommSec Market Update. Brought to you by CommSec’s expert team, join us for two, 10-minute episodes every weekday to keep your finger on the pulse.

Start your morning at 7am with James Gruber and Gillian Bowen for a comprehensive analysis of overnight international moves and a look at what to expect for the day ahead. Then, once the ASX closes, join Steve Daghlian and Laura Besarati for a thorough wrap-up of the day’s trade.

Whether you're a seasoned investor or just starting out, we keep you up to date on the what, and also the why.

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.

Stay across key moves in the Australian and global share markets with the CommSec Market Update. Brought to you by CommSec&rsquo;s expert team, join us for two, 10-minute episodes every weekday to keep your finger on the pulse.
Start your morning at 7am with James Gruber and Gillian Bowen for a comprehensive analysis of overnight international moves and a look at what to expect for the day ahead. Then, once the ASX closes, join Steve Daghlian and Laura Besarati for a thorough wrap-up of the day&rsquo;s trade.
Whether you're a seasoned investor or just starting out, we keep you up to date on the what, and also the why.
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.

Insights, interviews and the latest news and information on investment markets from CommSec, Australia's leading online broker.

CommSec Market Update

Stay across key moves in the Australian and global share markets with the CommSec Market Update. Brought to you by CommSec’s expert team, join us for two, 10-minute episodes every weekday to keep your finger on the pulse.

Start your morning at 7am with James Gruber and Gillian Bowen for a comprehensive analysis of overnight international moves and a look at what to expect for the day ahead. Then, once the ASX closes, join Steve Daghlian and Laura Besarati for a thorough wrap-up of the day’s trade.

Whether you're a seasoned investor or just starting out, we keep you up to date on the what, and also the why.

Follow us on:
Instagram
LinkedIn
YouTube
TikTok

Or check out our website

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.

Stay across key moves in the Australian and global share markets with the CommSec Market Update. Brought to you by CommSec&rsquo;s expert team, join us for two, 10-minute episodes every weekday to keep your finger on the pulse.
Start your morning at 7am with James Gruber and Gillian Bowen for a comprehensive analysis of overnight international moves and a look at what to expect for the day ahead. Then, once the ASX closes, join Steve Daghlian and Laura Besarati for a thorough wrap-up of the day&rsquo;s trade.
Whether you're a seasoned investor or just starting out, we keep you up to date on the what, and also the why.
Follow us on: <a href="https://www.instagram.com/commsec/" data-auth="NotApplicable" data-linkindex="0">Instagram</a> <a href="https://www.linkedin.com/company/commsec/posts/?feedView=all" data-auth="NotApplicable" data-linkindex="1">LinkedIn</a> <a href="https://www.youtube.com/@CommSecTV/featured" data-auth="NotApplicable" data-linkindex="2">YouTube</a> <a href="https://www.bing.com/ck/a?!&amp;&amp;p=b86f942d304ee59ad9fb9953b18d3c722cc33758e6f7b3078c5486fe55b4d9a1JmltdHM9MTc3NjkwMjQwMA&amp;ptn=3&amp;ver=2&amp;hsh=4&amp;fclid=0ae4cd32-27f1-6cf5-2c74-dbcf26006dd7&amp;psq=commsec+tiktok&amp;u=a1aHR0cHM6Ly93d3cudGlrdG9rLmNvbS90YWcvY29tbXNlYw" data-auth="NotApplicable" data-linkindex="3">TikTok</a>
Or check out our&nbsp;<a href="https://www.commsec.com.au/market-news/the-markets.html" data-auth="NotApplicable" data-linkindex="4">website</a>
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.