CommSec Market UpdateCommSec Market Update

Market Close 22 Oct 24: The worst day in seven weeks for the Aussie market

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The market was a sea of red today in what was the worst day since early September.  Record highs have been the story of late, but Laura and Stevie unpack the turnaround that we saw today and the key reasons that we may have seen those declines.  The upcoming US election is in the discussion, as are interest rate discussions once again, and they discuss the data to expect in the days ahead.  The sectors today were at one point all in negative territory with only 15% seeing gains so they discuss this performance and look at the stocks that caught their attention.

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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