Wall Street slumps as investors worry over weakening job growth and debate the potential for larger rate cuts ahead of key inflation data. Technology stocks were hit hard, with the NASDAQ dropping 6% last week due to growth concerns. Apple’s annual iPhone event, launching the iPhone 16, begins today and is a key event to watch. Locally, the ASX 200 is expected to open 1% lower on Monday, with energy stocks in focus following a 2% decline in oil prices

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.

Wall Street slumps as investors worry over weakening job growth and debate the potential for larger rate cuts ahead of key inflation data. Technology stocks were hit hard, with the NASDAQ dropping 6% last week due to growth concerns. Apple’s annual iPhone event, launching the iPhone 16, begins today and is a key event to watch. Locally, the ASX 200 is expected to open 1% lower on Monday, with energy stocks in focus following a 2% decline in oil prices
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 09 Sept 24: Wall Street slumps as figures reveal cooling jobs market

Wall Street maintains its upward momentum, reaching record highs the day after U.S. presidential election results. The Federal Reserve has cut rates for a second consecutive meeting to support the economy. In company news, Warner Bros. Discovery reports significant subscriber growth. Meanwhile, the Bank of England has also cut rates, though higher inflation is projected following the new government's first budget. Commodity prices rebounded on expectations of Chinese stimulus, and Aussie shares are anticipated to rise, supported by industrial metal prices.

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.

Wall Street maintains its upward momentum, reaching record highs the day after U.S. presidential election results. The Federal Reserve has cut rates for a second consecutive meeting to support the economy. In company news, Warner Bros. Discovery reports significant subscriber growth. Meanwhile, the Bank of England has also cut rates, though higher inflation is projected following the new government's first budget. Commodity prices rebounded on expectations of Chinese stimulus, and Aussie shares are anticipated to rise, supported by industrial metal prices.
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 08 Nov 24: US share markets hit all-time highs extending the US election rally

The local market remained surprisingly flat today in contrast to how the US performed following the election outcome.  Laura and Stevie unpack this market performance looking at why the US saw gains, talk through the performance of the local sectors which has been a mixed bag today with around half in the green and half dropping, and they look at the stocks that caught their eye including Sigma Healthcare who saw some huge gains. 

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 local market remained surprisingly flat today in contrast to how the US performed following the election outcome.  Laura and Stevie unpack this market performance looking at why the US saw gains, talk through the performance of the local sectors which has been a mixed bag today with around half in the green and half dropping, and they look at the stocks that caught their eye including Sigma Healthcare who saw some huge gains. 
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 07 Nov 24: Aussie stocks fail to see the same gains as US markets

U.S. stocks have reached historical highs following Donald Trump’s presidential win, with the Dow Jones index up around 1,400 points. U.S. bond yields also surged as Trump’s victory accelerated a bond sell-off. Meanwhile, European shares, particularly among car makers, fell on fears of potential Trump tariffs. Commodity prices slumped as the U.S. dollar surged, with copper prices tumbling amid concerns over a slower energy transition. In Australia, shares are expected to open flat on Thursday ahead of NAB’s earnings results.

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.

U.S. stocks have reached historical highs following Donald Trump’s presidential win, with the Dow Jones index up around 1,400 points. U.S. bond yields also surged as Trump’s victory accelerated a bond sell-off. Meanwhile, European shares, particularly among car makers, fell on fears of potential Trump tariffs. Commodity prices slumped as the U.S. dollar surged, with copper prices tumbling amid concerns over a slower energy transition. In Australia, shares are expected to open flat on Thursday ahead of NAB’s earnings results.
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 09 Sept 24: Wall Street slumps as figures reveal cooling jobs market

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