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.

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