CommSec Market UpdateCommSec Market Update

Market Close 04 Sep 24: Worst day in a month for Aussie stocks

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Laura would rather ‘stare directly into the sun’ than look at the market today.  An odd admission, but one fuelled by the poor performance of the Aussie market which saw significant declines following drops in the US market.  Data out of China also weighed on the market so they discuss this, and look at the local economic data that played a part.  With all 11 sectors down they look at their individual performances, oil prices are in conversation, and they look to what could lie 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.

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