The ASX 200 hit a fresh record high today after the US Federal Reserve announced a mammoth 50 basis-point rate cut. While U.S. markets initially surged on the news, they later dipped when Fed Chair Jerome Powell hinted at smaller rate cuts ahead. Australia's jobs data surprised with higher-than-expected part-time job growth, though full-time jobs fell. Mining and energy stocks rebounded, but healthcare and industrials struggled, with ALS Ltd dropping sharply after a disappointing trading update.



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 ASX 200 hit a fresh record high today after the US Federal Reserve announced a mammoth 50 basis-point rate cut. While U.S. markets initially surged on the news, they later dipped when Fed Chair Jerome Powell hinted at smaller rate cuts ahead. Australia's jobs data surprised with higher-than-expected part-time job growth, though full-time jobs fell. Mining and energy stocks rebounded, but healthcare and industrials struggled, with ALS Ltd dropping sharply after a disappointing trading update.
 
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 19 Sep 24: ASX 200 hits third-straight all-time high

Improved earnings and economic news drove Wall Street to record highs, with Micron Technology posting its largest gain in 13 years due to AI-driven demand. Positive U.S. economic data has reinforced expectations of a soft landing, while China accelerated its stimulus efforts. Gold reached record levels, but silver stood out, hitting a 12-year high. In contrast, oil slipped 3% on the prospect of increased output. Meanwhile, Australian shares are set to rise as iron ore prices surpass $100 USD.

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.

Improved earnings and economic news drove Wall Street to record highs, with Micron Technology posting its largest gain in 13 years due to AI-driven demand. Positive U.S. economic data has reinforced expectations of a soft landing, while China accelerated its stimulus efforts. Gold reached record levels, but silver stood out, hitting a 12-year high. In contrast, oil slipped 3% on the prospect of increased output. Meanwhile, Australian shares are set to rise as iron ore prices surpass $100 USD.
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 27 Sep 24: S&P 500 closes higher to post fresh record

The ASX 200 saw its first rise of the week, nearly recouping earlier losses and approaching a record high. The materials sector, benefiting from China's stimulus, surged, while financials rebounded slightly after a rough start to the week. Consumer discretionary stocks also performed well, led by Aristocrat Leisure, which hit an all-time high. Meanwhile, the energy sector struggled due to falling oil prices. Brickworks saw significant gains despite posting a loss, largely due to its long-standing dividend growth. Tomorrow will be a major day for dividend payments, with CBA and Fortescue leading the pack.

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 ASX 200 saw its first rise of the week, nearly recouping earlier losses and approaching a record high. The materials sector, benefiting from China's stimulus, surged, while financials rebounded slightly after a rough start to the week. Consumer discretionary stocks also performed well, led by Aristocrat Leisure, which hit an all-time high. Meanwhile, the energy sector struggled due to falling oil prices. Brickworks saw significant gains despite posting a loss, largely due to its long-standing dividend growth. Tomorrow will be a major day for dividend payments, with CBA and Fortescue leading the pack.
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 26 Sep 24: Best day in two weeks

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The S&P 500 has retreated from its record highs, with information technology among the most improved sectors. Meta Platforms shares rose after unveiling a new VR headset, entering competition with Apple's device released in February. Meanwhile, oil stocks dropped more than 2% on concerns about Libyan supply. Closer to home, Australian shares are expected to open higher on Thursday, as miners look to China for further gains. However, Australian inflation hit a three-year low, putting pressure on the Aussie dollar

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 S&amp;P 500 has retreated from its record highs, with information technology among the most improved sectors. Meta Platforms shares rose after unveiling a new VR headset, entering competition with Apple's device released in February. Meanwhile, oil stocks dropped more than 2% on concerns about Libyan supply. Closer to home, Australian shares are expected to open higher on Thursday, as miners look to China for further gains. However, Australian inflation hit a three-year low, putting pressure on the Aussie dollar
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 19 Sep 24: ASX 200 hits third-straight all-time high

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