Market Close 01 Aug 24: New month, fresh highs

CommSec Market Update

After closing at a record high yesterday the market has continued to grow, starting the month with further gains. Laura and Stevie reflect on the performance of local markets throughout July comparative to international markets, look at what inflation data and recent interest rate decisions could mean for rate cuts later in the year, and unpack the performance of each of the sectors with tech, property, and commodities all seeing boosts. They discuss the stocks that stood out today and look at how tech earnings data could move markets in the days ahead.

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