Improved earnings and economic news drove Wall Street to record highs, with Micron Technology posting its largest gain in 13 years due to AI-driven demand. Positive U.S. economic data has reinforced expectations of a soft landing, while China accelerated its stimulus efforts. Gold reached record levels, but silver stood out, hitting a 12-year high. In contrast, oil slipped 3% on the prospect of increased output. Meanwhile, Australian shares are set to rise as iron ore prices surpass $100 USD.

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.

Improved earnings and economic news drove Wall Street to record highs, with Micron Technology posting its largest gain in 13 years due to AI-driven demand. Positive U.S. economic data has reinforced expectations of a soft landing, while China accelerated its stimulus efforts. Gold reached record levels, but silver stood out, hitting a 12-year high. In contrast, oil slipped 3% on the prospect of increased output. Meanwhile, Australian shares are set to rise as iron ore prices surpass $100 USD.
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 27 Sep 24: S&P 500 closes higher to post fresh record

Wall Street has pulled back as concerns over interest rates weigh on markets. U.S. pharmaceutical stocks, including Pfizer, declined following cabinet appointments by Donald Trump. Meanwhile, the "Magnificent 7" tech stocks faced pressure from rising bond yields. In commodities, aluminium prices surged after China cancelled export tax rebates, gold lost its shine following Donald Trump’s decisive election victory and oil dropped 2% on weaker Chinese demand. Looking ahead, Aussie shares are expected to dip, with energy stocks likely to drag the market lower.



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 has pulled back as concerns over interest rates weigh on markets. U.S. pharmaceutical stocks, including Pfizer, declined following cabinet appointments by Donald Trump. Meanwhile, the "Magnificent 7" tech stocks faced pressure from rising bond yields. In commodities, aluminium prices surged after China cancelled export tax rebates, gold lost its shine following Donald Trump’s decisive election victory and oil dropped 2% on weaker Chinese demand. Looking ahead, Aussie shares are expected to dip, with energy stocks likely to drag the market lower. 
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 18 Nov 24: Wall Street challenged by interest rate outlook

The market has seen a lift today.  Laura unpacks this session’s performance which was a sizable gain given the falls that we saw in the earlier half of the week.  She looks at the performance of the US market and the dulled possibility of US rate cuts.  Data out of China today was mixed but overall their economy did show some positive signs following the recent government stimulus.  Laura looks at the performance of local sectors and what investors should be watching into next week.

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 seen a lift today.  Laura unpacks this session’s performance which was a sizable gain given the falls that we saw in the earlier half of the week.  She looks at the performance of the US market and the dulled possibility of US rate cuts.  Data out of China today was mixed but overall their economy did show some positive signs following the recent government stimulus.  Laura looks at the performance of local sectors and what investors should be watching into next week.
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 15 Nov 24: The market claws back the losses of earlier this week following mixed China data

For the second consecutive session, Wall Street consolidates following the post-Trump election rally. At the same time, U.S. Treasury yields slip from a three-month high as markets await comments from Jerome Powell. In company news, Disney stocks surge on streaming growth, while Rivian and Tesla face pressure amid reports that Trump may end the EV tax credit. Meanwhile, government contractor stocks extend their decline over DOGE-related concerns. Looking ahead, Australian shares are expected to rise on Friday supported by energy producers and Ryan previews China’s upcoming economic data.



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.

For the second consecutive session, Wall Street consolidates following the post-Trump election rally. At the same time, U.S. Treasury yields slip from a three-month high as markets await comments from Jerome Powell. In company news, Disney stocks surge on streaming growth, while Rivian and Tesla face pressure amid reports that Trump may end the EV tax credit. Meanwhile, government contractor stocks extend their decline over DOGE-related concerns. Looking ahead, Australian shares are expected to rise on Friday supported by energy producers and Ryan previews China’s upcoming economic data. 
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 27 Sep 24: S&P 500 closes higher to post fresh record

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