After disappointing economic growth figures, US stocks slumped in early trade, though falling long-term interest rates helped spark a late-session recovery. After hours, Microsoft shares surged on stronger-than-expected earnings, while Meta also gained following an earnings beat. In commodities, oil prices posted their sharpest monthly drop in four years, and industrial metals fell on signs of weaker Chinese manufacturing activity. Closer to home, the ASX is expected to open lower on the first day of the new month, even as the Australian dollar strengthened.

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.

After disappointing economic growth figures, US stocks slumped in early trade, though falling long-term interest rates helped spark a late-session recovery. After hours, Microsoft shares surged on stronger-than-expected earnings, while Meta also gained following an earnings beat. In commodities, oil prices posted their sharpest monthly drop in four years, and industrial metals fell on signs of weaker Chinese manufacturing activity. Closer to home, the ASX is expected to open lower on the first day of the new month, even as the Australian dollar strengthened.
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.