Market Close 07 Nov 25: ASX sinks to near 2-month low
The Aussie market ended the week lower, down about three-quarters of a percent, marking a second straight weekly loss. Tech and bank stocks dragged, with Macquarie falling nearly 6% after missing earnings expectations. Qantas dropped 6.5% on softer revenue guidance, while AUB Group rose after a renewed takeover bid. Block, Inc. slumped 15%, and weaker Chinese trade data weighed on miners. The ASX 200 now sits more than 3% below record highs, with US jobs and local bank results in focus next week. 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.See omnystudio.com/listener for privacy information.
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Morning Report 07 Nov 25: Stocks get hit as job jitters spark bond rally
Wall Street dropped to two-week lows as a renewed tech sell-off and lingering concerns over U.S. tariffs and the health of the economy kept investors on edge. The bond market rallied after private data pointed to a cooling jobs market, while DoorDash tumbled to a record low on warnings that weaker spending will squeeze profits. In Europe, stocks fell, dragged down by fresh selling in technology shares, while the Bank of England held rates in a knife-edge vote. In commodities, oil prices declined amid fears of a supply glut, while gold steadied as uncertainty over U.S. tariffs and a potential government shutdown boosted safe-haven demand. Back home, Aussie shares are set to open flat ahead of Macquarie Group’s results. 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.See omnystudio.com/listener for privacy information.
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Market Close 06 Nov 25: Miners snap 3-day losing streak
Local shares bounced back from a two-month low on Thursday, with miners leading the charge. The ASX 200 lifted about a third of a per cent, supported by gains in gold and iron ore prices. Materials stocks were easily the day’s best performers, up around 1.5 per cent, with names like Emerald, Ramelius and Bellevue all climbing strongly. But it wasn’t all positive as NAB dragged the broader market lower after falling more than 3 per cent despite hitting a record high earlier in the day. Westpac slipped after going ex-dividend, and James Hardie tumbled more than 10 per cent after being dropped from a key index. 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.See omnystudio.com/listener for privacy information.
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Morning Report 06 Nov 25: US stocks stage rebound as dip buyers wade back in
Wall Street rose on Wednesday as dip buyers waded back in following a tech-fuelled slide, while ADP data showed US companies added 42,000 jobs in October. AMD’s outlook, however, failed to impress investors, tempering some of the gains. European shares also closed higher, with earnings remaining in the spotlight. In commodities, oil dipped on oversupply fears while gold gained on risk aversion despite stronger payroll data. Back home, Aussie shares are set to snap a two-day losing streak ahead of NAB’s results. 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.See omnystudio.com/listener for privacy information.
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Market Close 05 Nov 25: Six losses in seven sessions for ASX
The ASX200 fell about 0.25% to a two month low after the RBA kept rates steady and signalled only one cut in 2026. Material and tech stocks led losses, while financials rose on Westpac earnings. US government shutdown and a 2% tech slide added pressure. Look out for US earnings from McDonald’s, Snap and Novo-Nordisk, plus NAB and Macquarie results this week. 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.See omnystudio.com/listener for privacy information.
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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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