The ASX 200 gave up strong gains to finish up 6 points at 7943 (0.1%) as US futures turned slightly negative. Banks were mixed with ANZ sold off by 3.2% and CBA up 0.7%. The Big Bank Basket down to $242.05 (-0.1%). MQG had a good day, up 2.6% as financials generally did well. RPL came clean with its exposure to OPT. VG1 rose 0.6% with RF1 down 2.4%…

Opening Bell - Morning Commentary Trump's Conciliatory Tone Boosts Market Confidence Markets closed higher Monday on reports that the Trump administration may initially pursue a narrower set of reciprocal tariffs on a group of countries that represent the majority of U.S. trade This could reduce the scope of the inflation impact of tariffs, while a…

Stocks jumped Monday on optimism that President Donald Trump may hold back from implementing some of his wide-ranging tariff plans and so the U.S. could skirt an economic slowdown from a protracted trade war. The Dow Jones Industrial Average jumped 597.97 points, or 1.42%, to end at 42,583.32. The S&P 500 added 1.76% and closed at 5,767.57, while t…

The ASX 200 rose 6 points to 7937 (0.1%) in quiet trade ahead of the Budget. Banks were firm with the Big Bank Basket at $242.34 (+1.5%). Tariff proof fenced perhaps. CBA up 1.4% and insurers better too, QBE up 0.3%. REITs were a little mixed, GMG down 0.6% and SCG rising 0.6%. RPL was smashed 14.8% on news from OPT that it had missed Phase III end…

Opening Bell - Morning Commentary Markets Rally as Trump Signals Potential Tariff Flexibility US index futures are buoyant on signs that the next round of President Donald Trump's trade tariffs on April 2nd could be more measured than previously suggested. Trump has symbolically branded the April 2 start date for his reciprocal tariffs as America's…

Another quiet night on Wall Street which saw growth outperform value after some Trump comments sparked a small, late rally. Dow Jones and the S&P near flat, closing near the high. Nasdaq up 0.5%. All three indices notched small weekly gains. Dow Jones the best up 497 points. Trump said he is going ahead with the April 2 tariff date but there may be…

Opening Bell - Morning Commentary Markets at Highest Level in Over a Month: Poised at Critical Resistance Threshold US equity markets retreated Thursday as materials and consumer staples sectors led the decline. Investor confidence has waned in recent weeks following economic indicators suggesting both economic activity and consumer sentiment are c…

The ASX 200 put on another 13 points to 7932 (0.2%) after a tentative start. 2% up for the week. Banks were sold with the Big Bank Basket unchanged at $238.82. CBA flat. MQG saw some profit taking, other financials also flat, GQG down 1.4% and HUB off 1.8%. REITs once again in demand, SGP up 0.8% with VCX up 2.4%. Industrials were firm but unexciti…

The S&P 500 slipped on Thursday as uncertainty around the U.S. economy continued to weigh on equities, thwarting the market’s attempts at recovery from a month long rout. The broad market index pulled back 0.22% to close at 5,662.89. The Nasdaq Composite slid 0.33% to end the day at 17,691.63, weighed down by losses in Apple and Alphabet. The Dow J…

The ASX 200 rose 91 points to 7919 (1.2%) as the Fed soothes nerves. Banks did well with the Big Bank Basket up to $238.79 (+1.9%). MQG bouncing hard, up 3.8% as a market player. Other financials also doing well, GQG up 2.8% and NWL rallying 4.6%. CGF put in a stellar day up 5.7%. REITs also rallying hard, GMG up 2.8% and SCG up 2.5% with industria…

Wall St had a good session overnight with all key indices up. US stocks bounced on the Fed leaving interest rates unchanged and a hint that it will still reduce rates by half a percentage point this year. NASDAQ up 1.41%. S&P 500 up 1.08%. Dow Jones up 383 points or 0.92% within a medium trading range. Want to invest with Marcus Today? The Managed …

The ASX 200 fell 32 points to 7828 (0.4%) after a failed rally attempt petered out. Losses across the board with the banks under pressure again, the Big Bank Basket slipping to $234.26(-0.7%). MQG down again off 0.9% with other financials sliding lower, PNI down 5.4% and MFG off 1.8%. REITs down led by GMG off 1.6% and SCG down 1.5%. Industrials al…

Opening Bell - Morning Commentary Foreigners fuel market rally U.S. equity markets finished lower on Tuesday, giving back part of the gains from the previous two sessions. Growth sectors of the US market such as technology and communication services were among the laggards while value sectors such as energy and health care fared better yesterday. T…

Stocks pulled back Tuesday as a sell-off that has engulfed Wall Street in recent weeks resumed after two straight winning sessions. The Dow Jones Industrial Average lost 260.32 points, or 0.62%, closing at 41,581.31. The S&P 500 shed 1.07%, ending at 5,614.66. The broad market index concluded the day 8.6% off its closing high reached in February, b…

ASX 200 finished up only 6 points to 7860 (0.1%) as enthusiasm waned ahead of the Fed.US futures negative again. Banks slid with NAB and MQG under pressure, the Big Bank Basket down to $235.85 (-0.1%). REITs were solid with GMG up 1.1% and GPT up 0.9%. Industrials were mixed, ALL fell 2.8% with JBH off another 2.2% but WOW rose 1.2% with TLS quietl…

Opening Bell - Morning Commentary Global market upswing maintains strength for second consecutive day US stocks rose on Monday, building on their comeback from a four-week rout on Wall Street exacerbated by President Donald Trump’s chaotic tariff policy rollout and falling consumer confidence. Investors were encouraged to see a rebound in U.S. reta…

Stocks rose on Monday, building on their comeback from a four-week rout on Wall Street exacerbated by President Donald Trump’s chaotic tariff policy rollout and falling consumer confidence. The S&P 500 gained 0.64% to close at 5,675.12, while the Nasdaq Composite climbed 0.31% and ended at 17,808.66. The Dow Jones Industrial Average also advanced 3…

The ASX 200 rose another 64 points to 7854 (0.8%) with the banks finding bargain hunters, CBA up % and ANZ rallying % as the Big Bank Basket hit $236.48 ( +1.2%). Financials were mixed, MQG up 1.3% with GQG down 0.5% and PNI rallying 3.2%. REITs were flat as GMG rose 0.3%. Industrials a mixed picture, QAN down 0.9% and WOW and COL slipping slightly…

Opening Bell - Morning Commentary Economic Indicators Ignite Hopes for Potential Market Recovery Ahead US stocks bounced back sharply on Friday as investors pushed aside growing concerns over the global trade war and bought back beaten down stocks. The S&P 500 and Nasdaq have their best day of the year on Friday, both leaping more than 2%. Stocks r…

Happy St Patrick's Day Solid bounce on Wall St om Friday. Dow Jones up 675 points closing near the high. S&P 500 up 2.13%. Nasdaq the outperformer. Up 2.6%. Its best session since November. Boosted by both Big Tech and Big Chips. That said…there was no new macro-catalyst for the buying. Sometimes the only reason the market needs for a bounce is tha…

A solid end to the week with the ASX 200 up 41 points to 7790 (0.5%). For the week the ASX 200 is down 2%. Resources leading the charge higher and Asian markets soaring. Banks flat with the Big Bank Basket down to $233.56 (-0.7%). Insurers gained a little QBE up 1.2% and financials generally better, GQG up 1.4% with MQG rallying 0.8%. REITs were be…

Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump. The S&P 500 dropped 1.39% to settle at 5,521.52. The index ended the day in correction, 10.1% off its record close. The Dow Jones Industrial Average fell 537.36 points, or 1.3%, marking its fourth day o…

The ASX 200 turned turtle after a promising start and closed down 37 points at 7749. (0.5%). Market heavyweights led us lower with the banks under pressure again, the Big Bank Basket fell to $235.18. WBC off 1.5% and CBA down 0.6%. MQG dropped another 1.2% and insurers slid, SUN off 1.4%. REITS firmed, GMG finding bottom feeders up 1% and SCG risin…

HSL Prime Research Opening Bell - Morning Commentary Economic Tailwinds Set to Ignite Market Optimism U.S. investors breathed a sigh of relief on Wednesday after February inflation figures came in below forecasts, triggering a rebound in the S&P 500 and Nasdaq from six-month lows. This positive momentum should help put global markets on a firm foot…

The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares. The Nasdaq added 1.22% and closed at 17,648.45, while the S&P 500 gained 0.49% to end at 5,599.30. The Dow Jones Industrial Average slipped 82.55 points, or 0.2%, to settle at 41,350.93. US C…

Another day, another drubbing as the ASX falls 104 points to 7786 (1.3%) with banks soggy again. The Big Bank Basket down to $236.66 (-1.7%) with NAB and WBC the worst affected. MQG dropped another 1.4% with ASX off 3.8% despite good volumes recently. GQG fell 2.4% and CGF off 1.5%. REITs also in the seller’s sights, GMG bucked the trend, up 0.5% a…

Opening Bell - Morning Commentary Shifting Sands - Markets Navigate Trump's Tariff Flip-Flop and Ukraine Ceasefire Prospects U.S. stocks declined Tuesday, extending the most significant selloff in months, as investors grappled with concerns about how the latest tariff threats might impact the global economy. Markets experienced volatility amid cont…

US stocks closed lower on Tuesday after a volatile session, extending their losses from Monday. The S&P 500 slipped 0.76%, closing at 5,572.07. The Dow Jones Industrial Average tumbled 478.23 points, or 1.14%, finishing at 41,433.48. The Nasdaq Composite slipped 0.18% and ended at 17,436.10. ASX SPI fell 75 - Gold rallies - Tariffs hit Australia - …

The ASX dropped hard and bounced a little closing down 72 points at 7890 (0.9%) after touching 7818. Banks were the turnaround story with the Big Bank Basket down to $240.73 (0.2%). MQG suffered as US investment banks have sunk. Other financials were also sold down hard, GQG off 3.2% and XYZ falling 6.3% with insurers slipping lower as government w…

Opening Bell - Morning Commentary Wall Street Plunges as Recession Fears Intensify U.S. stocks tumbled Monday amid ongoing tariff conflicts and growing concerns about a potential federal government shutdown, fueling worries that the U.S. economy might be heading toward a recession. Weaker consumer sentiment, slower consumer spending, and tariff ris…

The S&P 500 shed 2.7%, touching its lowest level since September at one point and closing at 5,614.56. The tech-heavy Nasdaq Composite saw the sharpest decline of the major averages, falling 4% for its worst session since September 2022 and closing at 17,468.32. The Dow Jones Industrial Average dropped 890.01 points, or 2.08%, ending at 41,911.71. …

A quiet muted start to the week with the ASX rising a modest 16 points to 7964 (0.2%) as US futures pointed to another tricky US session ahead. Banks were flat with the Big Bank Basket easing to $241.33 (-0.3%). MQG down another 0.4% with insurers looking better as Cyclone Alfred was downgraded. REITS improved led by GMG up 0.6% with some bottom fi…

Opening Bell - Morning Commentary Nifty's Resilient Comeback Set to Test Critical 22700-22725 Barrier Zone This Week Trade tensions burdened markets as the S&P 500 recorded its third consecutive weekly decline and steepest weekly drop since September. Market volatility persisted amid uncertainty over President Trump's announced tariffs—25% on Canad…

Wall St managed a small bounce overnight. Positive Broadcom results boosting sentiment. S&P 500 rose 0.55%, closing near the high. Dow Jones up 223 points and the Nasdaq outperformed. Up 0.7%. Volatility remained high. The VIX index down 6% but finished up 20% for the week. The main events were Powell giving a mixed speech on the economy, non-farm …

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Opening Bell - Morning Commentary Volatility is expected to make its presence felt today. U.S. equity markets closed lower on Thursday, with growth segments leading the downside. Shares of semiconductor manufacturer Marvell fell by nearly 20% after the company reported better-than-expected earnings; however, forward guidance disappointed, highlight…

The Dow Jones Industrial Average slid 427.51 points lower, or 0.99%, to 42,579.08, after falling more than 600 points at session lows. The S&P 500 tumbled 1.78% to 5,738.52. The Nasdaq Composite dropped 2.61% to 18,069.26, officially closing in correction territory, which is when an index falls 10% from a recent high. SPI down 79 - Gold and oil ste…

The ASX 200 continued to struggle down 46 points at 8095 (0.6%) as stocks going ex -dividend weighed. Banks eased yet again with CBA off 1.8% and WBC down 0.9% as the Big Bank Basket fell to $248.82 (-1.1%). MQG off another 0.4% as one broker downgraded. Insurers also in the eye of the cyclone, SUN down 1.0% and QBE dropping 1.3%. REITs eased back,…

Opening Bell - Morning Commentary Short covering to support markets today. US equity markets finished higher on Wednesday following an announcement that the U.S. will exempt autos from the 25% tariffs that were implemented yesterday on imports from Canada and Mexico for one month. The tariff relief boosted sentiment, with the S&P 500 finishing high…

Stocks rose on Wednesday, staging a recovery rally after back-to-back losses as investors hoped that an exemption for automakers to President Donald Trump’s controversial tariffs opened the floodgates for more concessions. The Dow Jones Industrial Average rebounded by 485.60 points, or 1.14%, to finish at 43,006.59, regaining ground after plunging …

The ASX 200 dropped another 57 points to 8141 (-0.7%) partially ignoring a decent rally in US futures as Trump gave his State of the Union address. China now targeting 5% GDP growth in a separate proclamation. Banks dragged us down with the Big Bank Basket down to $251.84 (-1.0%). CBA down 0.9% and MQG off 1.3% with XYZ continuing to stumble down a…

Opening Bell - Daily Morning Commentary All eyes on Trump's Speech US President Donald Trump will address a joint session of Congress today. He will lay out his vision in office for the next four years. The address is his first major speech to lawmakers since returning to office in January 2025. Trump's address comes as the administration seeks to …

The Dow Jones Industrial Average tumbled for a second day as President Donald Trump’s tariffs left investors fearful of potential shockwaves for the economy. The blue-chip average dropped 670.25 points, or 1.55%, building on Monday’s plunge of nearly 650 points. The Dow ended the session at 42,520.99. The S&P 500 dropped 1.22% and closed at 5,778.1…

The ASX 200 fell another 48 points today to 8198(0.6%). Trump’s tariff chaos continues with Mexico and Canadian levies due to take effect in days. Canada has already fired back, losses were tempered as banks found a footing. CBA rose 0.4% with WBC up 0.2% and the Big Bank Basket at $254.30 (). Financials were weaker, MQG down 1.2% and insurers down…

Opening Bell - Morning Commentary Stocks tumble after Trump announces tariffs President Donald Trump confirmed on Monday that tariffs on Mexico and Canada will proceed as planned, with all imported products from these nations facing a 25% duty starting Tuesday. With negotiations reaching a deadlock, both countries have exhausted their options to st…

The S&P 500 retreated on Monday, extending February’s rout and turning red for the year after President Donald Trump’s confirmation of forthcoming tariffs. The broad index fell 1.76% to end at 5,849.72, marking its worst day since December and bringing its year-to-date performance to a loss of about 0.5%. The Dow Jones Industrial Average dropped 64…

The ASX 200 has started the week on a positive note. Up 73 points or 0.9%. A solid relief rally and only its third positive finish in the last eleven sessions. Better than futures (+48) were predicting after a solid US lead. A morning fade was quickly forgotten as the market rallied into the close, driven by pretty much everything except defensives…

Opening Bell - Daily Morning Commentary Some respite in the offing for the Bulls Relief for the bulls appears to be on the horizon, offering a welcome break from recent challenges. Equity markets closed higher on Friday following U.S. inflation data that matched consensus expectations. Stocks in the Asia-Pacific region opened higher on Monday, shru…

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The ASX has finished the day down 96 points (-1.2%) for the week down 1.5%. Worse than futures were predicting (-69 points) as the poor US lead translated to a risk-off session here. All major sectors finished in the red save for Telecoms thanks to good results from TPG and TLS’ defensive nature. Want to invest with Marcus Today? The Managed Strate…