CommSec Market Update

Laura and Stevie are back with your Friday market update. The market didn’t have a strong start to the month, closing in the red. 9 of the 11 sectors are lower, with tech falling the most. Uranium miner Paladin Energy were the best performer today due to a 15 year high in uranium prices. Looking ahead, will we get another rate hike next week?

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The Dow has jumped 300 points to a new 2023 high. The S&P 500 index recorded its best month since July 2022. Tom and Ryan review Saleforce’s bumper result. And oil declines on scepticism on OPEC cuts. Plus this mornings commodities and the AUD.

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It’s the last day of the month and the market has closed in the green both today and for the month overall. Financial software company Iress were up after a strategy update and Origin Energy are down once again after rejecting a takeover offer. 

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Stocks rose Thursday on pace for big November gains. Ryan and Tom reflect on investing legend Charlie Munger’s passing. Ryan reviews Aus inflation data. Plus this mornings commodities and the AUD. 

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As we near the end of the month on an improvement Laura and Stevie unpack the performance of the market today.  They discuss how inflation could aid in interest rate decisions and how it impacted the market today, deep dive into the performance of each of the sectors and discuss the data coming out this week that could impact the market.

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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U.S share markets mixed after Fed speak. Ryan and Tom preview Aussie inflation data. Gold prices hit a 6 month high. And the Aussie dollar hits a four month high. 

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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Laura and Stevie bring you the CommSec Market Update today on a day that has seen the market bounce back from slow start to the week.  With most sectors improving modestly, Laura and Stevie unpack the sectors in detail, they look at what could impact markets in the coming days, and discuss everything from fast fashion to fast food.

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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A new week starts in mixed fashion for Wall Street. Analysts burrow into Thanksgiving spending numbers. Local shares expected to kick off in positive territory with key retail sales figures expected. Plus this mornings commodities and the AUD.

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Join Craig and Steve for Monday's market update. The ASX200 didn’t have a great start to the week, almost hitting a two week low. They're discussing which sector held back the market today and the beauty retailer that's up after rejecting a takeover offer.

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Wall Street returns from the Thanksgiving holiday and stocks grind higher with a focus on retail sales. Oil prices ease to remain unchanged over the week. And local shares set to kick off in positive territory. 

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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