Market Updates

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Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.

If you’re looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.
 
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US stocks rose overnight, with the SP500 up 0.69% and Nasdaq 0.85%. It was on light volume, with under 15 billion shares traded against the usual 20bn. The markets are closed tomorrow for the Thanksgiving holiday. The VIX fell back further, now under 20. It was a solid session for chip stocks, with Nvidia stabilising 1.3% and even stronger gains in Broadcom, Intel and Advanced Micro Devices. The other big tech stocks were middling,...

The ASX 200 gave up its strong start to close up 70 points to 8607 as the higher-than-expected CPI number took the top off things. It was a monthly number, so can be more volatile, but 3.8% was above RBA and economist’s expectations. Banks were mixed with CBA steady as NAB and WBC dipped down. The Big Bank Basket rose to $266.89 (+0.1%). MQG had a good day, up 2.8% and wealth managers also pushed ahead, HUB up 1.9% and NWL up 1.3%....

The Dow jumped 664 points on Tuesday as markets shook off early losses, with traders positioning for a potential Federal Reserve rate cut in December. The S&P 500 and Nasdaq also finished higher after a mid-session dip. Rate-cut expectations strengthened following reports that Kevin Hassett — viewed as dovish and aligned with Trump’s low-rate stance — is the leading candidate for the next Fed chair. The White House may announce...

A quieter day as the ASX 200 rose 12 points to close at 8537 (0.1%). Banks were in the doldrums, entering official correction territory as BEN AML issues sunk the sector, CBA dropped 1.2% and NAB off 0.1% with the Big Bank Basket down to $266.70 (0.7%).  Other financials fell, Insurers eased, QBE off 1.5% and IAG falling 1.7%. REITs drifted lower, GMG down 0.7% and VCX off 1.6%. Industrials were a little weaker, WES fell 0.8% with ...

US markets bounced back strongly ahead of Thanksgiving, with tech leading the charge after recent AI-driven weakness. The S&P 500 rose 1.55%, the Nasdaq jumped 2.69% — its best session since May — and the Dow added 0.44%.

Alphabet surged 6% as investors warmed to Google’s upgraded Gemini 3 AI model, sparking a broader rally across AI-linked stocks. Broadcom leapt 11%, Micron gained 8%, while Palantir and AMD each climbed 6%. Met...

A solid start to the week with the ASX 200 up 109 points to 8525 (1.3%). Across the board gains, with US futures pointing slightly higher too. Banks were better led by CBA up 1.2% and the Big Bank Basket up to $268.55 (1.1%). Financials were generally firm, even GQG up 0.6% and SOL rising 1.8% as it joined with Genesis to make a bid for MVF at 80c. Insurers rose, QBE up 1.4% and REITs did well, GMG up 2.1% and SGP rallying 2.3%. In...

The US markets rose after Fed Member John Williams signalled openness to a Fed December cut. All the major SP500 sectors were positive, with healthcare leading the way. Alphabet was the best of the big tech firms, rising 3.5%. Nvidia was down 1%. Dual listed firm Life360 notably rose 4.6%. The VIX retreated to 23 but remains elevated.

SPI futures up 92 points. Macquarie bids for QUB - MVF gets a bid - BHP pulls its bid!

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The ASX 200 dropped another 136 points to finish at 8417, bring total losses for November to 5% so far – placing it on track for the worst month since September 2022. Resources were pummelled, BHP fell 3.2% on Chinese ore embargoes with RIO off 3.2% and FMG tumbling 5.5%. Gold miners were also hit hard despite bullion holding up, NEM down 6.1% and EVN off 4.5%. Lithium stocks saw selling back in aggressively, LTR down 8.4% and PLS ...

The Nasdaq rallied as much as 2% after the open before reversing to finish the session -2%. That’s the highest daily trading range since April’s “Liberation Day”. Nvidia did an even bigger swing and finished down -3%. 

The VIX jumped to as high as 28 at one point. Why the tizz? No one can put a finger on a singular cause. The jobs number looks the obvious culprit. The US added more jobs than expected, and that makes rate cuts less l...

Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.

If you’re looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.
 
 Why not sign up for a free trial? Gain access to expert in...

Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.

If you’re looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.
 
 Why not sign up for a free trial? Gain access to expert in...

The ASX 200 started positively to fade to a loss of 21 points to 8454 (0.3%). Banks showed weakness with more slippage as the Big Bank Basket fell to $264.08 (-1.3%) CBA off 1.3% and ANZ down 2.0%. MQG continues to slide, down 1,4% and HUB off 1.1%. GQG is enjoying a rare moment in the sun, up 9.1% as it is pursuing an anti-AI tilt. Insurers eased, REITs were slightly firmer, GMG bouncing back 1.1% and VCX up 2.0%. Industrials were...

US markets were down again overnight as the market sweats the Nvidia results due tomorrow after the US market close. The SP500 was down 0.8%, down four sessions in a row. The Nasdaq was off 1.2%. The VIX rose 7% to hit its highest level in a month at 24.  Technical analysts point out that the Nasdaq and SP500 are now below their 50-day moving averages for the first time since April.

We also saw news around another big AI deal too. M...

A nasty start to the day accelerated to a loss of 167 points (-1.9%) on the ASX 200 as RBA minutes and US futures took us down. The big three sectors were hit hard with the iron ore miners smacked. BHP off 3.7% on UK court ruling and RIO off 2.7% with FMG falling 2.0%. Energy stocks also slipped, WDS down 1.9% with STO off 0.6% and uranium stocks under pressure. Gold miners too sold off as bullion slipped, NST down 5.6% and EVN dow...

Not much fun at all for investors in the US overnight. The VIX spiked up 11.6% as the SP500 fell 0.9% to 6672. The Nasdaq was off 0.8% to 22708. The Russell 2000 was worse, down nearly 2%. There was no hiding in Big Tech, with Nvidia off 1.9% as its results on Wednesday loom ever closer over the market. Apple, Meta and Amazon were all down. The only winner was Alphabet, up 3% as news came out that Berkshire Hathaway has been accumu...

The ASX 200 closed up 2 points to 8636 in a quiet session ahead of a big week in the US. Good comeback after a near 50 point fall this morning.  Some signs of confidence returning with banks seeing a resumption of the sell CBA, buy the other three switch. The Big Bank Basket fell to $272.47 (-0.4%) as CBA dropped 1.0%. MQG ex-dividend today, down 2.3% with financials slightly firmer, QBE up 0.5% and HUB up 2.7% with NWL gaining. RE...

Wall St staged a recovery from opening lows to finish near flat in another volatile session. S&P 500 flat on average volume. Nasdaq up 0.13%. Dow underperformed. Down 310 points and down 1100 in two sessions after hitting record highs earlier in the week. Short-term rotation from growth to value didn’t last long. The weak open coming from the same narrative as yesterday – odds of a Fed December rate cut falling due to inflation...