US investors remain cautious, reflecting on recent economic and geopolitical developments. Strong job data has dashed hopes for a second major Fed rate cut. In corporate news, Nike shares declined after postponing its investor day due to an upcoming CEO change. Salesforce gained on AI initiatives while Tesla shares fell after the EV maker misses delivery estimates. In Australia, markets are expected to open flat, pressured by tensions in the Middle East.

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.

US investors remain cautious, reflecting on recent economic and geopolitical developments. Strong job data has dashed hopes for a second major Fed rate cut. In corporate news, Nike shares declined after postponing its investor day due to an upcoming CEO change. Salesforce gained on AI initiatives while Tesla shares fell after the EV maker misses delivery estimates. In Australia, markets are expected to open flat, pressured by tensions in the Middle East.
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

Morning Report 03 Oct 24: Dow inches higher as Middle East tensions weigh on markets

October has had a rocky start, with Middle East conflicts raising concerns over oil supply. Strong U.S. services sector data has pushed the U.S. dollar to a six-week high. In company news, Levi Strauss shares fell after delivering a disappointing revenue outlook, though the company hopes its new campaign for Levi's Jeans featuring Beyoncé will boost sales. Meanwhile, Tesla's top data executive is departing ahead of their upcoming Robotaxi event. Locally, Australian shares are expected to slip as material stocks decline, with home lending data set to be released today.

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.

October has had a rocky start, with Middle East conflicts raising concerns over oil supply. Strong U.S. services sector data has pushed the U.S. dollar to a six-week high. In company news, Levi Strauss shares fell after delivering a disappointing revenue outlook, though the company hopes its new campaign for Levi's Jeans featuring Beyoncé will boost sales. Meanwhile, Tesla's top data executive is departing ahead of their upcoming Robotaxi event. Locally, Australian shares are expected to slip as material stocks decline, with home lending data set to be released today.
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 04 Oct 24: Dow Jones closes nearly 200 points lower as oil spikes 5%

The Australian market remained flat today, with the ASX200 barely moving despite earlier declines. Investors were cautious due to escalating Middle East tensions, which drove mixed performances across sectors. Energy stocks, typically buoyed by rising oil prices, saw sluggish performance due to weak coal stocks like New Hope, which also traded ex-dividend. Real estate stocks outshone others, while financials and materials dipped. A major highlight was the $7.5 billion in dividend payouts from BHP and Woodside, contributing to one of the year’s biggest days for dividends. Despite market volatility, companies like Fletcher Building and Sigma Healthcare saw strong gains due to positive broker outlooks and merger news.



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 Australian market remained flat today, with the ASX200 barely moving despite earlier declines. Investors were cautious due to escalating Middle East tensions, which drove mixed performances across sectors. Energy stocks, typically buoyed by rising oil prices, saw sluggish performance due to weak coal stocks like New Hope, which also traded ex-dividend. Real estate stocks outshone others, while financials and materials dipped. A major highlight was the $7.5 billion in dividend payouts from BHP and Woodside, contributing to one of the year’s biggest days for dividends. Despite market volatility, companies like Fletcher Building and Sigma Healthcare saw strong gains due to positive broker outlooks and merger news.
 
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 03 Oct 24: Huge day for dividend payments

The market has closed slightly down again today.  Laura and Stevie discuss this performance and the international news which may have aided this move.  Energy stocks were the clear winners today recouping some of their recent losses and with only three sectors seeing gains they reflect on how those sectors impacted the overall market performance.  They discuss the stocks that saw significant moves today with KMD Brands and Sigma Healthcare getting attention, and look to the days 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.

The market has closed slightly down again today.  Laura and Stevie discuss this performance and the international news which may have aided this move.  Energy stocks were the clear winners today recouping some of their recent losses and with only three sectors seeing gains they reflect on how those sectors impacted the overall market performance.  They discuss the stocks that saw significant moves today with KMD Brands and Sigma Healthcare getting attention, and look to the days 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.

Morning Report 03 Oct 24: Dow inches higher as Middle East tensions weigh on markets

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