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The Market Wrap with Henry Jennings, Senior Investment Analyst & Portfolio Manager at Marcus Today

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The Nasdaq has rallied yet again, so what can we expect when we hear from a few of the Magnificent Seven this week?

    • ASX200: up 0.50% to 7,971
    • AUD: 66.22 US cents
    • GOLD: $2,399 US/oz
    • BITCOIN: $100,774 AUD
  • The Nasdaq gaining 1.6% helped local tech companies today, with Wisetech Global up 2.2%, and Xero up 1.8%.
  • Toll road operator Transurban up 1.3% after gaining a new deal with the Queensland government on the state’s Logan Motorway.
  • The big four banks all finished higher, but Macquarie Group lost half a percent.
  • Woodside slid again, down 3.7% after its quarterly update, which flagged a cost hike for its Scarborough LNG project.
  • BHP, Rio Tinto and Fortescue all finished down with iron ore futures sinking.
  • Goodman Group, Woolworths and Coles all went backwards.
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