Tech rout hammers stocks | AM 02 Nov 26

 

The Australian share market is poised for a steady open ahead of the Reserve Bank's highly anticipated interest rate decision on Tuesday. A 25 basis point hike is widely expected, which would mark the fifth increase this year. The session comes after Wall Street suffered significant losses on Friday, with technology stocks hammered by disappointing earnings from major names. Key local releases include Westpac's full year results today, with NAB to follow on Thursday.

Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers.

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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.

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