CommSec Market UpdateCommSec Market Update

Market Close 08 Jul 24: Last week’s gains wiped out in a single session

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The week has started off quite poorly wiping out all the gains that took place last week.  Laura and Stevie unpack the happenings over the weekend that influenced this shift including jobs and unemployment data.  Nine of the eleven sectors saw declines today with materials and energy stocks dragging the most on the market.  Gold is in focus today as prices lifted, lithium is back in discussion, and they look to the week 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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