The market has closed slightly down again today.  Laura and Stevie discuss this performance and the international news which may have aided this move.  Energy stocks were the clear winners today recouping some of their recent losses and with only three sectors seeing gains they reflect on how those sectors impacted the overall market performance.  They discuss the stocks that saw significant moves today with KMD Brands and Sigma Healthcare getting attention, and look to the days ahead.

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.

The market has closed slightly down again today.  Laura and Stevie discuss this performance and the international news which may have aided this move.  Energy stocks were the clear winners today recouping some of their recent losses and with only three sectors seeing gains they reflect on how those sectors impacted the overall market performance.  They discuss the stocks that saw significant moves today with KMD Brands and Sigma Healthcare getting attention, and look to the days ahead.
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.

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.



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.

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.
 
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

Market Close 02 Oct 24: Energy stocks take the spotlight today amid a sluggish performance

Global equity markets have retreated amid escalating Middle Eastern tensions, with oil prices surging 5% after Iran's missile attack on Israel. The tensions have also driven bond yields lower, boosted gold, and strengthened the US dollar. Meanwhile, a major US port strike could cause inflation. Technology stocks saw a sharp decline, with Apple shares falling as analysts and investors debate demand for the latest iPhone. Closer to home, Australian shares are set to edge modestly higher as the new quarter begins.

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.

Global equity markets have retreated amid escalating Middle Eastern tensions, with oil prices surging 5% after Iran's missile attack on Israel. The tensions have also driven bond yields lower, boosted gold, and strengthened the US dollar. Meanwhile, a major US port strike could cause inflation. Technology stocks saw a sharp decline, with Apple shares falling as analysts and investors debate demand for the latest iPhone. Closer to home, Australian shares are set to edge modestly higher as the new quarter begins.
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.

Morning Report 02 Oct 24: Wall Street drops to start October as Middle East tensions intensify

We have ended the three-day winning streak today as the market looks set to close with one of the worst days in a month.  Laura and Stevie reflect on this recent solid performance thanks in part to the first US rate cart and stimulus out of China and look to what could be ahead for this month based on historic data.  Interest rates remain in focus with hopes of a significant cut in November dulled, they unpack the latest consumer spending data, and look at the performance of individual stocks and sectors.

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.

We have ended the three-day winning streak today as the market looks set to close with one of the worst days in a month.  Laura and Stevie reflect on this recent solid performance thanks in part to the first US rate cart and stimulus out of China and look to what could be ahead for this month based on historic data.  Interest rates remain in focus with hopes of a significant cut in November dulled, they unpack the latest consumer spending data, and look at the performance of individual stocks and sectors.
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.

Market Close 01 Oct 24: ASX slips from record high

It’s the first day of a new month and Wall Street has seen modest gains following Fed Chair Jerome Powell’s comments. The S&P 500 secured its fourth consecutive quarter of gains, marking its longest winning streak since 2021. In company news, Tesla shares surged ahead of its Robotaxi debut. Meanwhile, Chinese markets are closed for Golden Week. Locally, the ASX 200 posted its best September quarter since 2013, though Aussie shares are expected to slip from record highs on Tuesday.

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.

It’s the first day of a new month and Wall Street has seen modest gains following Fed Chair Jerome Powell’s comments. The S&amp;P 500 secured its fourth consecutive quarter of gains, marking its longest winning streak since 2021. In company news, Tesla shares surged ahead of its Robotaxi debut. Meanwhile, Chinese markets are closed for Golden Week. Locally, the ASX 200 posted its best September quarter since 2013, though Aussie shares are expected to slip from record highs on Tuesday.
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.

Market Close 02 Oct 24: Energy stocks take the spotlight today amid a sluggish performance

In 1 playlist(s)

CommSec Market Update

Social links

Follow podcast

Recent clips