A twice-daily podcast from the Marcus Today team, designed for self-directed investors. Stay informed with the latest stock market, financial, and business news, published every weekday just before the market opens and after it closes (AEST).
US markets slipped overnight as Chinese COVID concerns, and the expectation for Fed interest rate hikes continued to dominate headlines. The Dow Jones dropped 45 points (-0.13%), closing in the middl…
ASX 200 fell 13 points to 7139 (0.2%) in another quiet day of trade. Once again banks strong, resources weaker. BHP fell 2.3% with RIO off 2.3% as Turquoise Hill becoming an issue with the takeover, …
The Dow Jones was up 199 points (+0.59%). At best it was up 282 points, and at worst it was down six points. The NASDAQ failed to kick into gear, closing a single point higher. The S&P 500 gained 0.4…
ASX 200 closed up 16 points at 7150 (0.2%). Index down 6 points for the week. Another narrow range trading day with banks and resources heading higher in unison. The Big Bank Basket up to $184.60 (0.…
A very narrow day of trade today, the ASX 200 finished up 14 points (+0.2%), with a range of only 40 points. Defensive stocks were the best place to be while resources weighed on the market. Iron or…
ASX 200 fell back another 19 points to 7122 (0.3%) as momentum is stalling. Poland may be a distraction but banks down as yields fall, the Big Bank Basket down to $182.89 (1.2%). CBA down 1.8% on bro…
US stocks jumped back on the train, pushing higher overnight as PPI data supported the peak inflation story. The Dow Jones finished up 56 points (+0.17%), in the middle of a big trading range and mak…
ASX 200 finished down 12 points to 7146 (0.2%) as Fed official talks tough on rates again. USD rises, gold slips and yields up too. Banks wore the brunt of the selling as the bifurcation in the marke…
ASX 200 falls 35 points to 6964 (0.5%) ahead of US CPI tonight. Banks eased back as NAB saw downgrades post results, falling 2.1%, the Big Bank Basket down to $182.93 (1%). MQG fell 1.0% and insurer…
The ASX 200 closed up 40 points (+0.6%) to 6999, adding to yesterday’s 25-point gain. It was gold’s time to shine today, as miners rallied hard with NCM up 6.9%, NST up 6.8% and EVN up 9.3%. Other r…
Another strong rally in the US as the Dow climbed 335 points (1.02%). At worst, up 4, and at best, up 528. The NASDAQ gained 52 points (+0.49%), and the S&P 500 rose 21 points (+0.56%). It was the t…
ASX 200 closed up 25 points to 6959 (0.4%) in very tight trade. Volumes down too. Banks bounced back as WBC ran 2.0% and the Big Bank Basket rose to $184.49 (1.2%). MQG up 0.9% with insurers flat an…