CommSec Market UpdateCommSec Market Update

AM 23 Sep 26: Nasdaq hits fresh record as oil drops below $100

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The Nasdaq hit a fresh record high overnight as chipmakers and other AI-related stocks rallied, while hopes of diplomatic progress between the US and Iran pushed oil below US$100 a barrel. The ASX is poised for a modestly stronger open, with tech stocks likely to benefit from Wall Street’s AI rally. Plus, why a wave of major AI listings could dwarf decades of tech IPOs.

Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take 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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