Marcus Today Market Updates

The ASX 200 ended down 10 points at 8570 as the move out of banks to resources continued. Banks eased slightly with the Big Bank Basket down to $282.02 (-0.4%). ANZ the worst of the four with MQG up 0.2% and AMP rising 1.4%. BNPL XYZ and ZIP fell 2.8% on JP Morgan moves on charges, REITs firmed ever so slightly, GMG up 0.3% and industrials eased, CPU down 3.0% with QAN off 0.9%, SGH down 0.8% and ORG falling 0.9%. Retailer flat and tech slipping, XRO continuing to fall, WTC down 1.3%. Resources saw buyers again, BHP up 0.9% as iron ore closed on US$100 in Singapore. Lithium stocks rallied from a lacklustre open as shorts covered again. PLS up 6.5% and LTR rising 3.1%. MIN up 1.5% with feet in both camps. Gold miners too back in demand, NST rallied 1.7% with NEM up 1.7% and EVN rising 1.9%. Oil and gas firmed, and uranium powered ahead as shorts covered. BOE up 2.0% and PDN up 2.9%. In corporate news, ASK on the end of a 165c bid. CCX fell 1.2% on a trading update, issues in US hurting. DRO jumped 17.0% on increased R&D spending, HSN rallied 10.9% on business update. Nothing on the economic front locally but Chinese exports showed promise.Asian markets firm but not spectacular. HK up 0.4%.10-year yields up to 4.36%Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall St drifted down on Friday night. Tariff talk dampening sentiment but no major damage. S&P 500 down 0.33%, closing near the high. Nasdaq down 0.22%. Dow off 279 points. Small Caps underperformed. Off 1.03%. Stocks held up surprisingly well considering the 35% tariff threat on Canada and 15%-20% blanket tariffs which came in addition to Brazil's 50% hit, 50% on copper and uncertainty over what will happen with the EU.The bloc received its letter from Trump on Saturday night. 30% tariffs to be imposed on most imports. Mexico receiving the same treatment. EU leaders said they will suspend any immediate retaliation and extend existing countermeasures until early August in a desire to avoid tit-for-tat escalation. Countermeasures against steel, aluminium and blanket tariffs had been set to expire today. The EU is facing conflicting interest as some members (like Germany) want a quick deal to safeguard its industries while others (like France) don't want to give in to cheap concessions. This was evident over the weekend in commentary from the two heads. Merz saying he was ‘really committed' to finding a trade solution with the US, Marcon saying the EU needs to ‘assert the Union's determination to defend European interests resolutely', pointing to anti-coercion trade production measures. Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 drifted 9 points lower to 8580 (0.1%) as we wait and see what the weekend brings on tariff news. Banks eased back with CBA down 0.5% with the Big Bank Basket down to $283.17 (). MQG fell 1.5% and insurers also under pressure. REITS slipped, GMG down 1.8% with SCG off 1.3% as yields rose to 4.33%. Healthcare eased, CSL down another 0.6% with FPH falling 1.7%. Industrials also on the wane with WES down 0.7% and ALL down 1.1% with the techs under pressure too. XRO falling again by 1.5%. Retailers in trouble too, JBH down 2.1% and LOV down 2.5%. The bright spot was resources. Iron ore and rare earths. BHP up 2.8% as iron ore prices rose again, RIO up 2.3% with LYC up 16.7% and ILU flying 22.9% on US Pentagon news on MP Materials. Lithium stocks also doing well, LTR up 1.3% and PLS rising 1.6% with MIN storming 7.8% ahead. Gold miners sagged, NST continued its drop, down 2.2% and EVN off 1.5%. STO fell 0.9% on broker research on bid, coal better, WHC up 2.7% and uranium flat.In corporate news, JLG rallied 22.6% on news that PE is bidding 400c in a scheme. VNT fell 1.9% on a new fibre upgrade contract. ASM jumped 8.4% on a scoping study for Dubbo project. Nothing on the economic front. Asian markets were mixed, with Japan up 0.1%, HK up 1.5% and China up 0.7%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 rose 51 points to 8589 (+0.6%). Banks were strong again with CBA up 0.8%, the Big Bank Basket up to $284.27 (+0.8%). Financials were firm with MQG up 0.4% and PNI up 1.8%. Insurers were mixed with MPL up 1.2% and NHF better. REITs firmed with GMG up 0.9% and VCX up 1.2%. Industrials better as BXB rallied 1.5% with TCL up 1.0% as CPU up 2.1%. Tech was mixed, with the All -Tech Index unchanged. Retail better too, JBH up 1.4% and LOV up 5.1% TPW up 1.8%. Resources better, led by BHP up 1.2% and FMG up 1.9%. Gold miners bounced back with NEM up 1.5% and PRU up 3.2%. Lithium stocks were also better with LTR up 6.7% and MIN up 3.7%. Uranium stocks eased again, BOE down 3% with PDN down 2.0%. In corporate news, IMR down 15.1% as approvals had fallen behind, AEL with board appointments.On the economic front, building approvals out today.Asian markets were mixed, with Japan down 0.7%, HK up 0.4% and China up 0.7%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 fell 52 points to 8539 (0.6%) as losses accelerated in the afternoon. Banks helped relatively firm with CBA losing only % with the Big Bank Basket down to $281.96 (-0.1%). MQG dropped 2.5% and insurers losing steam, SUN down 0.8% and IAG off 1.2%. Healthcare under pressure, CSL down 0.9% on US tariff moves, SIG fell 3.3% and TLX bucked the trend rising 5.6% on good US code news. REITS stumbled lower as yields rose, GMG down 2.6% and SGP off 1.5%. Industrials also eased back, TCL down 0.9% with BXB off 0.6% and SGH falling 1.1%. Retail a little better and tech easing back. In resources, gold miners got walloped as AUD bullion prices staggered lower, NST fell 3.4% with EVN off 7.0% and GMD down 5.6%. The big iron ore miners slipped, BHP down 1.0% and RIO down 0.6%. Lithium stocks better, PLS up 1.7% and LTR rising 5.6%. Oil and gas stocks a little better, coal too and uranium falling hard, PDN down 8.3% and BOE off 7.6%.In corporate news, LIC crashed 37.3% on the recent court ruling. TLX jumped on Gozellix news. Nothing locally on the economic front. In China, PPI fell more than forecast. Asian markets mixed with five new IPOs listing today in HK. 10-year yields jumped to 4.34%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor. 

Wall Street was mixed and choppy as markets awaited further clarity on US trade policy and country specific tariffs. Trump also announced he would place a 50% tariff on imported copper. S&P 500 down 0.07%, Nasdaq up 0.03%. Dow seesawed throughout the early hours of the open but settled from about 1pm toward the low. Finished down 166 points. Mixed sector performance. Energy and Materials the best two performers after being amongst the three worst yesterday – correction after sell-off. Healthcare also did well despite Trump stating that pharmaceutical tariffs could reach 200%. Tech was rather flat. Financials sold off, with Utilities behind them after being the best performer in the previous session.Another slow day regarding major corporate news. Will pick up during earnings season. Tesla rose 1.3% after seeing its single steepest daily fall in a month on Monday. Moderna jumped 8.8% as leading medical organisations filed a lawsuit that Robert F Kennedy and the Department of Health's Covid-19 vaccine policies pose a threat to public health. Wendy's (-0.1%) CEO Kirk Tanner left his post to join Hershey's (-3.2%).Resources mostly up. Oil hit two-week high after EIA announces US is to produce less oil this year than expected. US Copper shot up 10% after Trump announced his intention to tax imported copper 50%. News boosted base metal generally, zinc and aluminium both rose.ASX to fall. SPI futures down 9 points (-0.1%).Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 rose 1 point to 8591 as the RBA kept rates on hold. Bullock's press conference calmed nerves and prompted a late recovery from small losses. The AUD jumped and yields pushed higher on the news, but the reaction was relatively muted. Banks were steady with CBA up 0.8% and the Big Bank Basket up to $282.25 (+0.6%). Insurers were weaker, QBE down 0.6% and SUN off 0.6% as financials drifted lower. Industrials too drifted lower, SGH down 1.5% with PMV off 2.3% as WOW and COL slumped around 1.3%. REITs too fell as yields rose. SCG down 1.3% with GPT off 1.2%. Tech stocks slightly better, WTC up 0.4% and TNE up 1.1% with the All-Tech Index up 0.6%. Resources were mixed with BHP leading the iron ore miners down, off 0.9% with lithium slightly firmer, PLS up 2.1% and gold miners in demand again, NEM up 2.4% and GMD up 2.9% with OBM bouncing hard, up 8% after a huge sell-off. Oil and gas fell, uranium producers firmed, PDN up 0.8% and DYL up 2.6%. In corporate news, PTM rose 3.0% after agreeing to a merger with L1 Capital. On the economic front, the NAB business survey was better than expected. RBA on hold again. Timing, not direction the issue. 10-year yields 4.26%Asian markets better with Japan up 0.3%, China up 0.7% and HK up 0.6%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street stumbled as Trump announced new tariff rates on Japan and South Korea of 25%, effective from August 1st, as tariffs return to the forefront of investors' minds. S&P 500 down 0.79%, Nasdaq down 0.92%. Dow fell at open, and continued to fall until about 1pm, remaining steady from there. Finished toward lows, down 422 points. All sectors excluding Utilities in the red. Cyclicals the worst performer, Tesla dragging it down after dropping 6.8%. Musk said he was stepping away from politics earlier this year to focus on a struggling Tesla and his recent U-turn, launching a new political party, has not been taken well. Energy and Materials second and third worst performer, economically sensitive sectors, global slowdown fears reignited by latest tariffs.Resources mostly down. Oil jumped after the announcement of US tariffs on Japan and South Korea. Dollar strengthened after announcement of tariffs which weighed down other resources. Nickel, aluminium, zinc and tin all shed over 1%.ASX to fall. SPI futured down 44 points (-0.51%).Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 drifted 14 points lower to 8589 (0.1%).  CBA held up with the banks drifting slightly lower. The Big Bank Basket is down to $280.46 (-0.2%). Financials firmed in places, IFT up 3.1% and NWL rising 1.5%. REITS soft with GMG down 0.5% and SCG off 0.8 %. Industrials mixed, SGH up 1.0% with QAN rising 1.0% with retails slightly firmer as RBA looks to cut tomorrow. ORG was a standout up 6.8% on an Octopus update from the UK. In resources, Gold miners took a hit with production and costs weighing on NST, off 8.7%. Other golds follow lower with the bullion price off too. EVN down 2.2% and OBM falling 6.8%. Lithium once again depressed, PLS off 4.3% and LTR falling 5.3%, shorts back and selling. Uranium stocks mixed, BOE down 2.4% and DYL up 0.9% with coal better, Oil and gas mixed, WDS off 0.8% and STO up 0.4%. In corporate news, S32 down 0.6% on news of the sale of its Cerro Matso nickel project. MIN fell 2.0% as it named two new independent directors. Nothing on the economic front. Asian markets eased with Japan down 0.6%, China down 0.5% and HK off 0.3%.10-year yields rising to 4.19%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

European markets finished mixed Friday. Wall Street shut for the Independence Day Holiday. STOXX 600 down 0.48%. FTSE flat and Germany down 0.61% as EU envoys failed to reach a breakthrough on US trade negotiations. Banks and mining stocks the worst performers. Nasdaq up 1.6%. S&P 500 up 1.7% as the ‘buy everything' narrative continued this week which saw Trump's Bill signed into law, the US labour market show unexpected strength, and the financial year wrap up.Commodities mixed Friday. US copper shut but LME finished down 0.8%. Flat over the week, global copper stocks holding onto last week's huge gains (WIRE was up 8%).Brent down 0.5% as OPEC raised production. Middle East conflict all but forgotten.Iron ore gained for the 2nd week in a row on improved Chinese sentiment. BHP up 3.2% while RIO finished the week flat.SPI up 9 - US Futures ease Sunday night. Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 rose 7 points to close near to a record of 8603.  Once again, we saw the sell-off in CBA down 0.9% with ANZ the main beneficiary up 0.8%. The Big Bank Basket fell to $281.10 (-0.3%). Financial services back in favour, NWL up 0.6% and PNI flying up 3.4%. HUB also doing well, insurers bouncing back slightly, REITs better with GMG up 0.9% and SCG up 1.1%. Healthcare also better, CSL up 0.7% and RMD up 1.4% with tech better, WTC up 1.1% and the All-Tech Index up 0.3%. Retail rose, AX1 up 2.8% and PMV rising 1.4%. Travel stocks better too. Resources were back on the nose. One day wonder? BHP down 1.4% with RIO off 1.3% and lithium stocks drooping, PLS off 0.7%. Gold miners were mixed, NEM up 0.4% and GMD down 1.2%. Oil and gas flat with profit taking in coal miners and uranium stalling.In corporate news, SLH up 23.3% as ACCC gives it the green light. MND up 0.7% on contract news, and RUL up 14.0%, doing well on an update. Nothing on the economic front.US Markets closed tonight. Futures off slightly.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street continued to reach new heights as a stronger-than-expected nonfarm payrolls report reinforced the strength of the US economy and Nvidia approached a valuation of $4T, coming close to breaking Apple's record as the most valuable company ever. S&P 500 up 0.83%, Nasdaq up 1.02%. Dow rose early in the day and steadied from about 11am onwards, ending the session near its high. Up 344 points. All sectors up with the worst performing sector, Materials, remaining flat after a positive Wednesday. Financials the best performer, positive reaction to nonfarm payrolls and underlying strength of US economy. Tech a close second. ServiceNow and Crowdstrike both recorded gains of around 3.5%. Nvidia gained 1.3% as it comes close to becoming the most valuable company ever. Utilities was the third best performing sector, demonstrating the breadth of the previous session's euphoria – yields ticked up after nonfarm payrolls dashed hopes of a July cut, should have dampened Utilities performance.ASX to rise. SPI futures up 26 points (+0.3%).Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 down 2 to 8596 on a volatile day as banks saw selling and money move to BHP and other resources. CBA was down for another day, as its now four out of five down days closing off % with the Big Bank Basket down to $282.16% (-1.6%). ANZ outperformed up 0.5%. Financials under pressure across the board, MQG down 0.8% and insurers falling hard. QBE off 2.2% and SUN down 3.4%. Defensives generally on the nose, TLS down 1.2% and REA off 3.4% with WES falling 2.0% together with WOW and COL. Tech mixed as XRO fell again and WTC up 1.2% despite more front-page news! Healthcare mixed, CSL up 0.5% and PME racing 7.8% ahead on news of two contract wins. Resources were the stars today, at least BHP up 5.6% with RIO and FMG also up but more modestly, around 1.8%. Gold miners finding some friends, NEM up 1.4% and WAF up 1.3%. Lithium stocks better, PLS up 11.3% with LTR rising 5.0%, MIN up 7.8% with coal stocks also back in favour, WHC up 8.2%. Uranium stocks eased back. WDS and STO slightly better. In corporate news, GLF rose 4.1% on its debit. VGN sinking 1.9% towards issue price. RPL ran 9.3% on $35m performance fee. On the economic front we had the trade balance numbers. Asian markets mixed, Japan unchanged, China up 0.6% and HK down 0.8%.10-year yields rising to 4.18%Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street reached new highs as Tech stocks rallied and a trade agreement with Vietnam helped to calm nerves about a prolonged trade war. S&P 500 up 0.47%, Nasdaq up 0.94%. Dow fell at open, recovered and rose further, peaking at midday, and finished the session in the middle of its range. Down 11 points. Most sectors up. Energy led the charge, following oil up which rose 3% as Iran suspended cooperation with the UN nuclear watchdog. Materials also up, rising as the Vietnam trade deal eased global trade concerns – economically sensitive sector. Tech and Cyclicals also did well. Chip stocks bounced, Nvidia rising 2.6%, while Apple continued its good week, up 2.2% without major news. Tesla also rallied 5%, a partial recovery from yesterday's losses, despite the headlines surrounding the EV maker continuing to be negative with focus on how this year will be the second year of shrinking sales. Healthcare, Utilities and Cyclicals were all in the red. Uptick in yields hurt the latter two.SPI down 17 - Iron ore up 2.5% on Chinese moves - Resources to shineWant to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 rose 57 points to 8598 (0.7%) to a fresh record high as retail sales opened the door to a rate cut next week. Resources leading the way higher with BHP, RIO and FMG all doing well, FMG the best up 3.8%. Some movement in base metal stocks too on Chinese economic hopes, S32 up 5.1% with gold miners flat. Oil and gas firmed, WDS up 1.1% and STO up 0.5%. Lithium stocks eked out some gains with uranium miners flat. Industrials were the real winners today, WES up 0.8% as retail stocks gained on rate cut hopes. DMP crashed 15.8% as its new CEO went ex. WOW and COL firmed with ALL up 1.9% and TLS gaining 1.0%. REITs firm on cut hopes, GMG up 2.1% and SCG gaining 2.7%. Tech stocks mixed, WTC up 1.4% and XRO off 2.1%.  Banks were early losers but found favour and pushed slightly higher as CBA rose 0.6% and the Big Bank Basket up to $286.64 (+0.2%). In corporate news, HLI fell 21.4% as it lost the ING contract. QAN dropped 2.2% as it got hit with a cyberattack.  On the economic front, Retail sales came in at 0.2% higher, slightly below forecast. Asian markets mixed again, Japan down 0.4% on Trump tariff threats, HK up 0.5% and China flat. 10-year yields rose to 4.14%. Dow futures up 120, and Nasdaq futures up 70.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street began the quarter with a mixed session as Trump's tax and spending bill passed the US Senate and Tesla hit a 3-week low. Trump and Musk's feud was reignited by some social media posts in which Musk criticised the bill and Trump threatened to cut various government subsidies. S&P 500 fell 0.11%, Nasdaq down 0.82%. Volume was low in the holiday shortened week. Dow steadily rose throughout the day, finishing near the high. Up 400 points. Most sectors up. Tech the major drag, Utilities the only other sector to record a loss. No major reason for the pullback in Tech – some profit taking, jitters over concentration. Nothing concerning yet. Materials by far the best performing sector. Economically sensitive, boosted by positive economic news, as US job openings increased unexpectedly in May while ISM manufacturing PMI came in at 49, beating forecasts of 48.8. Expectations of stimulus also a tailwind.ASX to rise. SPI futures up 19 points (+0.22%). Gold and copper up.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 fell just 1 point to 8541 in quiet trade as banks came under some pressure. CBA sold down 1.2% as money flowed to other three, ANZ up 2.5% the big winner. The Big Bank Basket flat at $286.04 (0.4%). MQG drifted 1.0% lower, and financials steady, GQG up 2.2% and IFL up 5.2% on news CC Capital was still actively trying to stitch the takeover together. Insurers mixed, REITs better, SCG up 2.8% and VCX up 1.6% with industrials drifting around. SGH fell 2.9% on Boral CEOs retirement. JHX fell 2.2% and tech eased, WTC down 1.0% but XRO rallying 1.2%. Retail flat. In resources, the iron ore majors steadied, FMG up 0.7% and gold miners rallied, NEM up 2.0% and BGL up 3.9%. Oil and gas stocks becalmed with uranium mixed, PDN down 1.4% and DYL recovering some poise up 5.4%.In corporate news, FND were suspended for not filing reports on time. MSB jumped 11.2% after progress made on FDA.  HMC fell 17.3% as energy transition head, Angela Karl stepped down.Nothing on the economic front today. Chinese Caixin PMI rose, and EU CPI tonight.Asian markets mixed, Japan down 1.4%, HK closed and China up 0.2%.10-Year Yield falling to 4.11%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street ended the quarter on a high as both the S&P 500 and the Nasdaq reached record levels. Putting the bow on their best quarter in over a year, buoyed by possible trade deals and rate cuts. S&P 500 up 0.52%, Nasdaq up 0.47%. Dow was choppy in the early stages of the session, falling and rising intermittently, but found strength to finish near the high. Up 276 points. Most sectors up, Energy and Cyclicals the exception. The former is deflating from the recent, sharp drop in oil while the latter was weighed down by Tesla and Amazon, the two largest companies, falling 1.8% each. REITS was the best performing sector, falling yields and expectations of rate cuts benefitting the sector. Financials gained, additionally boosted by their victory in the Fed's annual health check which prepared the stage for stock buybacks and dividends.Resources mixed. Oil mixed as Brent and WTI diverged. Weakening dollar offered some support but there were little major gains. Nickel, zinc, iron ore all fell.ASX to open flat. SPI futures down 3 points (-0.0%).Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 marched 28 points higher to 8561 (0.3%). After a tepid start, US futures kicked higher on trade deal hopes, dragging the ASX with it. Small closing sell-off from highs. Banks steady after early losses, the basket up to $287.13 (%). MQG up 3.9% on a broker upgrade, financials and insurers better too. NWL up 2.4% and IAG rising 1.7%. Healthcare got a kick, CSL up 2.2% and PME rallying 1.6%. Industrials generally firmed, WES up 0.7% and ALL rallying 1.3% with QAN up 1.8%. VGN dropped 2.8%. Retail stocks higher with JBH up % on EOFY activity. Tech firmed, WTC up % and TNE rising 1.2% as the ALL-Tech Index rose 0.7%. Resources were mired in losses for iron ore miners, BHP, RIO both copping a 1.5%+ loss. Rare earths eased and lithium off too with MIN up 1.6% on sale of its Yilgarn hub. Oil and gas stocks flat with KAR up 1.1% with coal stocks flat and uranium mixed. DYL fell 5.7% with PDN up 0.8%.In corporate news, JHX rose 7.1% after the Azek vote. DRO fell 4.2% after early gains on a Latam order. Nothing locally on the economic front, China's factory activity improved for a second month but remained in contraction. Asian markets mixed, Japan up 0.6%, HK off 0.3% and China up 0.3%10-Year Yield rising to 4.16%. Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall St rose Friday to reclaim record highs in a volatile session. S&P 500 and Nasdaq up 0.52%. Dow up 432. Small caps up 0.24%. Stocks initially rose as the PCE price index came in line with expectations and US/China announced progress on their trade deal framework – fell after Trump cut off trade negotiations with Canada – then reversed to rally into the close. S&P 500 up 3.4% for the week. Nasdaq up 4.25%, its best in two months.Bond yields rose despite another gain on Wall St. US10Y and 2Y up 3bp. The weekly moves tell the real tale. US10Y down 10bp, 2Y down 16bp. Another sign of the markets risk appetite came from corporate junk bonds falling on average to 6.8%. The lowest level since December.ASX SPI up 5 - BKW update - Quiet end to the financial year.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 fell 37 points to 8514 (-0.4%) as banks saw profit taking as EOFY approaches. The Big Bank Basket down to $287.72 (-2.4) with CBA down 2.8%. Industrials were also weaker across the board with resources taking the crown today. BHP, RIO, and FMG all putting on the ritz following a 1.9% gain in Iron ore prices in Singapore. Early gains of 50 plus were eradicated as banks fell. Gold miners also slipped as copper stocks took the stage, CSC up 6.7% and SFR rising 3.2%. Lithium in demand as PLS rose 4.6% and even MIN up 1.5% with uranium stocks doing ok, following gains overnight. PDN up 3.2% and BOE up 2.4%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street continued forward with the S&P 500 and the Nasdaq just shy of all-time closing highs. The major US indices benefitted from the continued ceasefire in the Middle East and weakening economic data which supports rate cuts. Fed will cut at the September meeting, not the July one. S&P 500 up 0.8%, Nasdaq up 0.97%. Dow rose steadily throughout the day, ended near high. Up 404 points. Most sectors up. REITS and Staples the exceptions, the former suffering after US new home sales fell to seven-month lows. Energy leading the charge, recovering from some of its recent drop following the Israel-Iran ceasefire. Financials also a big winner. Fed unveiled a proposal which would allow them to increase their leverage against low risk assets. Tech and Cyclicals also did well as risk-on sentiment dominates the market mood.Resources gained. Oil rose after recent declines, US demand. Dollar weakness benefited most commodities. Copper, zinc and tin all jumped over 1%.ASX to rise. SPI futures up 52 points (+0.61%). Resources to shine.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 fell 8 points to 8551 in quiet trade. Banks fell slightly with the Big Bank Basket at $294.91 (0.1%). ANZ the star playing some catch-up up rising 2.2%. Insurers slid, QBE off 0.6% and financial services continued to push higher. PNI up 1.5% and HUB putting on 1.6%. REITs slipped, GMG off 1.3% and SCG down 0.6%. Industrials generally weaker, TCL down 0.6%, BXB off 0.5% and tech under pressure as XRO resumed trade after placement. Off lows but still down 5.3%. The All-Tech Index dropped 1.0%. Retail and travel stocks mixed, LOV down 1.1% with FLT up 0.8%. Pizza and burritos down, KFC up, LNW pushing ahead again, up %. Resources were mixed. Lithium showed signs of life with Vanguard taking a stake in PLS, up 5.6% and MIN rallying 3.6%. The iron ore miners were flat, gold miners fell, NST down 2.3% and EVN off 0.9%. Uranium stocks slightly better, BOE up 2.0% though BMN dropped 9.9% after a cap raise. Oil and gas mixed, WDS off 0.6% with STO up 0.8%.In corporate news, XRO returned to trade, NEU ran hard up 6.1% on US news. AZJ fell 0.3% on an earnings update. Nothing on the economic front. Asian markets mixed, Japan up 1.7%, HK down 0.9%, China down 0.4%. 10-year yields steady at 4.11%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street recorded a mixed session as the initial euphoria of the Israel-Iran deal wore off and investors weighed Powell's second day of congressional testimony – it was nothing we had not heard before or weren't expecting, hardly market moving. S&P 500 flat, Nasdaq up 0.31%. Dow fell steadily throughout the day, but recovered somewhat during the final hour of trading. Ended mid-range, down 107 points. Most sectors negative. Tech the lone major positive standout, after Loop Capital raised Nvidia's price target to $250, lifting Nvidia 4.3% to record highs while other AI plays, such as Alphabet, also benefited, rising 2.3%.  Healthcare and Financials also recorded more modest gains of 0.1%. Defensives struggled. REITS, Utilities and Staples all fell over 1%. No major corporate news to report, market in limbo at the moment.Resources gained. Oil steadied after sharp declines following the ceasefire. Dollar rather steady, commodity demand the key driver. Nickel, zinc and tin all rose over 1%.ASX to fall. SPI futures down 37 points (-0.43%). Gold and oil steady. Jobs data today.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 trod water rising 4 points to 8559 as CPI numbers came in below forecast. Narrow trading range. Banks were firm again, CBA up another 1.7% with the Big Bank Basket at $295.09 (+1.5%). Financials also doing well, GQG up 9.1% and XYZ up 1.0% with REITs better on rate cut hopes. GMG up 0.4% and CHC rising 1.2%. Industrials were mixed, retail better on rates, LOV up 1.9% and NCK rallying 3.3%. Travel stocks better too, CTD up 2.2% with LNW soaring as ALL fell 0.9%. SGH continue to push to new highs, QAN up 0.8% with VGN up 3.4% on day two.Resources were once again under pressure. The big three are getting smaller, BHP down 1.0% and FMG off 2.3%. Lithium stocks fell, MIN off 6.0% and PLS falling 3.1%. Gold miners too slipping again as bullion eases back. NST down 2.6% and GMD down 4.0%. Oil and gas stocks continue to suffer despite crude finding buyers, STO down another 1.2% with uranium steady and coal down, WHC off 2.2%.In corporate news, HUM got a NBIO from its chair, DRO soared 19.9% on a new EU contract, PNI down 3.7% as founder sold a parcel, PBH shareholders turned Japanese, SGR got shareholder approval for Bally and Mathieson to take the stakes. XRO in a trading halt with big capital raising and US acquisition worth $4bn.On the economic front, the local monthly CPI came in below forecasts and rate cut hopes emerged. Asian markets better Japan up 0.3%, China up 0.6% and HK up 0.8%. 10-year yields falling to 4.12%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street rose for the second consecutive session as a ceasefire between Israel-Iran was declared by Trump and seemingly accepted by both parties - markets ran bullish with the narrative. Elsewhere, Jerome Powell appeared before the House Financial Services Committee and insisted he was not in a rush to cut interest rates as the effects from tariffs were yet to fully appear in the data, his stance contrasting against recent comments from other Fed officials which raised the possibility of a July cut. S&P 500 up 1.11%, Nasdaq up 1.43%. Dow rose steadily throughout the day, ending near the high. Up 507 points. Most sectors positive, Energy the exception, followed oil down, second consecutive day as worst performer. Tech was the best performer, chip stocks rose as risk-on sentiment was reignited, Nvidia (+2.6%) and Broadcom (+3.9%) up. Financials also did well with the Fed's annual health and stress checks looming - the major banks are expected to easily clear these. Healthcare also jumped above 1%. Defensives like Staples and Utilities recorded positive gains but were the laggards of the S&P 500 as a risk-on sentiment reigned.ASX to rise. SPI futures up 5 points (+0.06%). XRO cap raise and acquisition. Monthly CPI at 11.30amWant to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 jumps 81points to 8556 (1.0%) on peace deal in Iran/ Israel conflict. Oil tumbles, gold slips, CBA rockets. Across the board gains, with the Banks leading the way, CBA up 2.1% and WBC up 2.6% with the Big Bank Basket up to $290.77 (+2.0%). MQG jumped 2.4% with fund managers also in demand, GQG up 6.9%. Industrials firmed, QAN up 2.4% as VGN relisted today up 11.4%, Tech better, WTC up 2.5% and the All-Tech Index up 1.2%. Resources were firm with BHP rallying 2.4% and FMG up 4.8% with the gold sector finding bargain hunters. EVN up 0.8% and GMD rising 2.0%. NEM eased 0.4%. Lithium stocks finding short sellers covering, MIN up 4.8% and LTR rising 5.3%. Oil and gas stocks collapsed, WDS down 2.5% and STO off 1.5% as the bid kept losses in check. KAR dropped 6.5% with the uranium sector flat. Coal too steady as she goes. In corporate news, CKF rose 17.4% on increased sales from young people. GGP debuted up 10.6%, TWE fell 0.9% on a trading update on Penfolds. Nothing on the economic front today. Asian markets jumped on peace deal, Japan up 1.1%, HK up 1.8% and China up 1.1%.  10-year yields 4.15%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street rose last night despite continued tension in the Middle East as Fed Vice Chair Bowman sparked hopes of a July rate cut and Chicago Fed President Goolsbee noted tariffs are having a more modest inflationary impact than expected. S&P 500 up 0.96%, Nasdaq up 0.94%. Dow rose at open, fell into negative territory around midday, but rose steadily from then to end near the high. Up 375 points. All sectors positive except for Energy which followed oil down after Iran retaliatory attacks focused on US bases and avoided oil and gas tankers. Cyclicals was the best performer, led by Tesla (+8.2%), which rose after trials for its self-driving taxis began in Austin, Texas. REITS and Utilities also did well as yields eased.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 fought back to close down only 31 points at 8475 (0.4%). Banks once again the swing factor as , with gold miners sold off despite geopolitical rose 1.0% and the Big Bank Basket better at $284.86 (). Insurers better, QBE up 0.3% with REITs easing, VCX down 0.8% with other financials easing. MFG off 3.8% and ASX down 0.8%. Industrials weaker across the board. BXB off % with QAN falling 1.9% as oil rose, TLS fell 0.2% with ALL down 2.6% and retail under a little pressure. ADH fell 20.5% on disappointing sales, MTS rose 2.7% on better than expected food sales. Tech stocks eased but off lows, WTC down 1.0% and XRO down 0.2% with the All-Tech Index down 0.5%. Resources were weaker, the three iron ore miners slid, BHP down 1.6% and FMG off 1.0% with gold miners sold off despite geo polictical tensions. NST and EVN continuing to be rerate downwards. Oil and gas stocks muted, uranium stocks fell, BOE off 1.8% and coal stocks down, WHC off 3.5%. In corporate news, WDS agreed to supply Japan with winter LNG. SMP agreed to a scheme with Shift4 from the US. Nothing on the economic front today. Asian markets muted on war worries. Japan down 0.2%, HK up 0.6% and China up 0.4%. 10-year yields rising to 4.21%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street edged down as the Israel-Iran conflict continued to weigh on markets. Iran said it would not discuss the future of its nuclear program while under attack by Israel. Will be the headlines for the foreseeable future. S&P 500 down 0.22%, down 0.15% this week. Nasdaq down 0.51%, up 0.21% this week. Dow rose at open, but fell throughout the day in a choppy session. Ended up 35 points, modest gains, closer to low than high. Mixed sector performance. Energy up despite oil paring its recent gains from Israel-Iran conflict. Defensives like Financials, Staples, Industrials and Utilities all saw gains as yields eased a little and the mood remained cautious. Tech worst performer, down just under 1%. Dragged down by Alphabet which fell 3.9% after a EU antitrust ruling said it subdued competition with its Android mobile operating system, fined $4.7Bn. Alphabet have appealed the decision. Nvidia also down 1.1% despite announcing talks with Foxconn to deploy humanoid robots at Houston factory.SPI down 20 - US futures off around 0.3% this morning - Oil and Gold better.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 falls another 18 points to 8506 (0.2%) in quiet trade. Banks eased back after a stellar run, CBA down 0.2% with ANZ off 2.5% and MQG falling 1.9%. Financials steady, ASX up 0.6%, must be the new logo, Insurers slightly better. REITs too turned up, DXS up 1.0% and CHC up 0.5%. Defensives slipped, WES off 1.6% and WOW and COL eased with TLS down 0.6%. Retailers also fell slightly, JBH off 1.2% and TPW falling 2.6%. Tech eased with the All-Tech Index unchanged.Resources were mixed, iron ore whipped throughout the day but finished off, RIO down 1.3% and BHP up 0.2%. Gold miners rose after losses this week, NEM up 0.3% and EVN up 0.5% with lithium stocks falling as PLS dropped 5.0%. Uranium stocks stalled, BOE down 4.7% and DYL down 0.6%. Oil and gas mixed, WDS up 0.9%.In corporate news, PBH in a halt as BBT announced an off-market takeover. BCB crashed % after it announced a possible pause in operations due to prices and royalties.Nothing on the economic front locally. Japanese inflation rose more than anticipated. Asian markets better, Japan unchanged. China up 0.3% and HK up 1.0% 10-year yields 4.18%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

European markets fell overnight as the BoE held rates at 4.25% on persistent inflation concerns. The headline level not expected to fall below 3% for the rest of the year. The Middle East conflict was highlighted as new uncertainty with potential to raise energy prices and inflation in turn. The decision was expected. Not the hawkish commentary.ASX set to fall. SPI futures down 23 points.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 claws back early falls to close down just 8 points to 8524 as CBA hits a new record, up 1.5%. The Big Bank Basket continues higher, sucking in money, WBC up 0.7% and NAB up 0.3% with the Basket up to $284.69 (+1.3). Other financials lacklustre, GQG falling -4.4% on low volumes. REITs better, GMG flat and SCG up 1.1% with industrials mostly weaker, CPU down 1.5%, REA off 0.4% and retail squirming after KMD warning. LOV off 2.8% with PMV down 1.7% and travel stocks also suffering, CTD down 2.3%. Tech stocks eased, WTC off 1.9% despite two new NEDs. The All-Tech Index fell 1.1%. Defensives back in fashion, COL, WOW and WES all better.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street oversaw a mixed, flat and choppy session as the Fed kept rates the same, as expected. Markets still expect two rate cuts this year but now only expect one in 2026 and a further cut in 2027 after Powell made clear the importance of waiting and seeing the effects of tariffs on inflation. S&P 500 flat, Nasdaq up 0.13%. Dow rose at open, fell a little throughout the day, and dropped after Powell's comments. Ended near low, down 44 points. Mixed sector performance. Financials best performer, Wells Fargo leading the charge with a gain of 3.1% without major news. Utilities and REITS also up despite yields remaining rather unchanged, while defensives such as Staples got a minor boost from stable yields.Energy worst performer, shedding some of its gains from the last three sessions. Materials, Industrials, Tech all gave up 0.3%, but no major movements. No significant company news. Microsoft (+0.5%) is prepared to abandon its negotiations with OpenAI as tensions rise between the two companies. Yesterday, we noted OpenAI was considering accusing Microsoft of monopolistic practices within their agreement. Intel (+3.3%) appointed three chip industry executives to its engineering and networking department.Resources mixed. Oil steady after recent double digit jumps following Israel-Iran conflict. Copper and iron ore down while nickel, zinc and lead all found strength.ASX to fall. SPI futures down 31 points (-0.36%). If you're short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won't just reduce your listening time; it has also been shown to improve knowledge retention. Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 has finished the day near unchanged. Down 10 points as the market stays on hold ahead of more news in the Middle East and tonight's Fed meeting. No late rescue for iron ore stocks or gold. Stayed worst sectors. BHP and RIO down 1%. FMG worst in the top 100. -4%. EVN and NST down 3.6% and 2% despite bullion staying flat overnight and during our session. Oil price also flat all day which took the interest out of WDS and STO. Rare earths took a break. LYC no change.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street recorded a night of losses as the US moved fighter jets to the Middle East and Trump called for Iran's “unconditional surrender”. US retail sales data also came in lower than expected, dropping 0.9% against a forecasted rise of 0.1-0.2%. S&P 500 fell 0.84%, Nasdaq down 0.91%. Dow dropped at open, recovered by midday, but fell throughout the rest of the session. Ended near low, down 299 points. Nearly all sectors in the red. Energy the exception, followed oil up which rose on escalation of US involvement in Israel-Iran conflict.  ASX to fall. SPI futures down 20 points (-0.23%). Oil up - Gold flat - No corporate news so farWant to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 dropped 7 points to 8541 (0.2%) as nerves crept back in on Iran/Israel issues. Trump flew back to Washington to handle the situation. G-7 now G-6. Banks slipped slightly, CBA down 0.2% and ANZ off 0.5%. The BIg Bank Basket down to $280.41(-0.2%). MQG slid 0.4% with REITs also lower except GMG up 1.1% and other financials mixed too. Industrials pretty much lower across the board, drifting rather than sold off, TCL off 0.8%, REA down 0.5% and TLS falling 0.2%. Retailers mixed, as were travel stocks. Tech wafting around too with the All-Tech Index up 0.2%. In resources, uranium and rare earths stocks back in the spotlight or should it be SPUT light, DYL up 5.7% and LOT up 11.4% with physical buying of spot and short covering still dominating. Gold miners recovered some of the losses yesterday on the Iranian uncertainty as bullion rose, NEM up 2.5% and NST recovered 1.5% after the UBS inspired sell off. Iron ore majors eased back as iron ore fell in Singapore trade again. Oil and gas stocks weakened slightly, STO up 0.5%. In corporate news, it was quiet, too quiet. Asian markets drifted around, Japan up 0.5%. HK off 0.5% and China unchanged.10-year yields steady at  4.25%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street recovered from Friday losses and then some as Israel-Iran's feud left crude production and exports unaffected while hopes of a truce between the countries increased. S&P 500 up 0.94%, NASDAQ up 1.5%. Dow finished middle of the range, up 317 points. Most sectors up. Tech, Cyclicals and Financials best performers as risk-on sentiment reignited and the outlook for the global economy improved. Meta led the gains from the major players, up 2.9%. Announced WhatsApp is getting ads and a collaboration with Oakley for new smart glasses. Amazon and Nvidia also strong, up 1.9%.ASX to rise. SPI futures up 11 points (+0.13%). Gold and oil fall - Uranium soars on physical buying.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street dropped sharply as Iran launched missiles at Israel, responding to Israeli strikes aimed at reducing Iran's nuclear capabilities, sending oil up 7%. S&P 500 down 1.13%, down 0.39% for the week. NASDAQ down 1.3%, down 0.63%. Dow dropped at the open, steadily recovered, but fell again from midday onwards. Finished near low, down 770 points, down 565 points for the week. All sectors red except for energy which followed oil up. Financials worst performer, with Visa (-5.0%) and Mastercard (-4.6%) dragging sector down after reports that major retailers are considering cryptocurrencies to avoid the need for payment intermediaries. Tech was second worst. Apple (-1.4%), Meta (-1.5%) and Nvidia (-2.1%) weighed on sector as risk-on sentiment was reversed. Oracle (+7.7%) continued to rise following Wednesday's after-market close earnings call beat expectations on the strength of demand for its AI services.SPI down 20 - Oil and Gold up - STO gets a $30bn from Abu Dhabi - FIRB will be a big issue.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 started strong but as news of the Israeli attack came through, we turned negative. The index fell 18 points to 8547 (0.2%) for a gain of only 31 points this shortened week. Performing much better than the US which had futures off between 1.5-1.8%. Stand-out sectors were not unexpectedly gold miners and oil and gas stocks. Crude and bullion jumping on the Iranian news. NST up 5.1% and EVN rising 5.5% with BGL up 4.3%. Resources generally were flat, BHP down 2.6% with FMG slightly firmer. MIN took a breather and PLS rose 0.4%. LYC rallied 3.8% on rare earth promise, WDS showed a clean pair of heels up 7.4% with STO up 3.7% and KAR the real star up 10.9%. Uranium stocks fell on attack news. Industrials slid, banks off slightly, CBA down 0.7% with the Big Bank Basket down to $281.21 (-0.5%). Other financials slipped, GQG down 1.4% and XYZ down 2.4%. Insurers gained a little, REITs fell, GMG bucked the trend up 0.2%. Tech stocks fell in sympathy with Nasdaq futures. XRO down 0.4% and WTC falling 2,4% with the index down 1.7%. Retail stocks dropped 24.7% on AX1 earnings warning, JBH fell 1.8% and travel stocks down, QAN off 4.9%. In corporate news, Brookfield sold a large parcel of its DBI holding, the stock falling 6.2%. Nothing on the economic front. Asian markets down on war worries. Japan down 0.9%, HK off 0.7% and China down 0.6%.10-year yields falling to 4.16%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street up overnight. A strong outlook by Oracle refuelled AI optimism, countering the negativity weighing on the indices by tensions in the Middle East and a sharp drop in Boeing shares. S&P 500 up 0.38%, NASDAQ up 0.24%. Dow dropped at the open but recovered steadily throughout the day to end three points off the high. Finished up 102 points. Most sectors positive. Cyclicals and Industrials the exceptions, the former dragged down by Tesla (-2.2%), as rival BYD launched cheapest UK model, vying for dominance in another of Tesla's regions. Utilities up over 1%, benefitting from bond yields easing, while REITS was up over 0.5%. Healthcare and Materials also demonstrated strength.ASX to rise. SPI futures up 48 points (+0.56%). DBI sell down - Gold up - NEM up 4.9%Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 gave up strong early gains closing down 27 at 8565 (0.3%). US futures and lack of detail weighing on sentiment as Asian markets generally weaker. Banks slid slightly, CBA down 0.5% with NAB down 0.2% and the Big Bank Basket down to $262.66 (-0.5%). MQG whacked 1.6% with insurers also under pressure. REITs mixed, GMG off 1.2%. Industrials generally lower, ALL off 1.6% with retail down, led by SUL off 1.6% and BAP falling 2.7%. Travel stocks also under pressure, CTD down 3.1% and WEB off 2.8%. Fast food falling, DMP down 4.9%. REA fell 1.1% and TWE down 1.3% with TLS up 1.0% as defensives back in focus. In resources, gold miners back in demand, GMD up 6.0% and NEM up 3.0%. The Three Iron Ore amigos all down, BHP off 1.8% with FMG off 3.4%. Lithium stocks back under pressure, MIN off 7.6% and PLS falling 6.0%. Rare earth giant LYC rose 0.8%. Oil and gas stocks gave up strong early gains as the crude price fell back, KAR up 2.0% and BPT bouncing 2.4%. Uranium ok, nothing spectacular, DYL up 1.1% and PDN up 0.8%. In corporate news, CTT fell 31.2% on a trading update and a large line of stock going through. MVF rose 9.1% as its CEO resigned. COH up 0.7% after downgrading its earnings outlook. Nothing on the economic front today. Asian markets weaker, Japan off 0.6% and HK off 0.9. China unchanged.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street was in the red last night as initial optimism following positive developments in the US-China trade deal faded during the session as Middle Eastern tensions came into focus. Reports suggested the US would partially evacuate its Iraqi embassy as Iran threatened to strike US bases if nuclear negotiations failed. S&P 500 down 0.27%, NASDAQ down 0.50%. Dow rose steadily throughout the day, but fell with the other indices as the Middle Eastern developments unfolded.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 jumps to a record high before seeing profit taking creep in and close up only 5 to 8592 (0.1%). News from the UK on the trade talks were lacking in detail, US futures weaker before the CPI number tonight. Banks eased back with CBA off 0.3% and the Big Bank Basket down to $284.04 (0.2%). MQG fell 0.6% with insurers slightly weaker. REITs were firm, GMG up 0.2% and VCX up 2.4%. Industrials mixed, WES fell 0.6% with QAN falling 1.3% in news it was closing Jetstar Asia. Tech steady with REA up 0.6% and XRO falling 2.3%.  Resources were interesting again, BHP rallied 1.5% with FMG up 3.5%, gold miners fell again despite bullion rising, lithium stocks squeezed higher, PLS upgraded its MRE, up 5.6% and MIN rallying again up 3.2%. Uranium stocks fell, PDN was off 2.7% and LOT was down 8.6%. WDS and STO better, with BPT down 7.5% on a broker downgrade. In corporate news, ZIP raced 15.5% ahead on another guidance upgrade, JLG revealed a NBIO with no price tag attached. MVF bounced after the drubbing yesterday and FBU rose 10.0% on M&A talk. Nothing on the economic front. Asian markets better on trade talk, Japan up 0.4%, HK up 1.1% and China up 0.9%.10-year yields steady at 4.29%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

ASX 200 kicks off the week in style, up 72 points to 8587, a new record. Banks kicked again with CBA up 1.2% and NAB running 1.5% higher. The Big Bank Basket up to $284.50 (1.2%). MQG kicked 1.1% with financials generally doing well, IFL up 0.9% and ZIP up 6.4% on BNPL reforms. REITs also in demand, GMG up 2.1% and MGR better by 2.2% with healthcare better too, CSL up 0.9%. Retail stocks rallied as JBH gained 2.1% and ALL up 3.6% and tech stocks in demand, WTC up 2.4% and XRO rising 1.8% with the all-tech index up 1.6%. In resources, iron ore miners mixed, gold miners sold down aggressively, GMD off 1.3% with EVN down 3.8% and shorts in the lithium space gaining momentum. PLS up 5.5% and LTR up 4.8% with MIN gaining 5.1%. Rare earth stocks remain in favour and oil and gas stocks better. Uranium stocks tried to put in another stellar day but off the highs, PDN up 3.6% and BOE up 2.1%. In corporate news, ASB rallied another 7.3% as the US approved Hanwha holding. NXT up 5.2% on Malaysian expansion plans. MVF cratered 26.9% on another clinical issue. JLG in a trading halt pending a change of control announcement. Nothing on the economic front, Asian markets slightly higher, Japan up 0.2% and HK down 0.5% and China down 0.6%. 10-year yields at 4.26%, steady. Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

Wall Street recorded modest gains session on cautious hopes of US-China trade deal. S&P 500 up 0.09%, NASDAQ up 0.31%. Dow dropped at open, recovered into positive territory but dropped to its starting level before the close. Down 1 point, middle of the range. Mixed sector performance. Cyclicals best performer, Amazon (+1.6%) and Tesla (+4.6%) boosting sector. Materials also up while Energy followed oil higher. Tech made some gains with Alphabet up 1.5% as it announced it will invest $20Bn into data centre infrastructure in Pennsylvania. Apple slid 1.2% after its annual software developer conference had a lacklustre start. Utilities and Financials worst performing sectors despite yields falling slightly. Warners Brothers Discovery dipped 3% after announcing it would split its streaming and cable TV segments into separate companies. Qualcomm rose 4.1% after announcing it would acquire Alphawave for $2.4Bn as it strengthens its AI portfolio.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.

The ASX 200 drifted 23 points lower to 8516 (0.3%) ahead of the long weekend. Broad based losses with some of the stars yesterday giving back gains today. Lithium stocks dropped back, PLS dropped 5.2% and IGO down 3.5% with rare earth stock also falling back, LYC down 1.2% and ILU off 3.8%.  Gold miners were slippy today, GMD off 3.4% and EVN down 2.0% and RRL dropping 5.8%. Uranium stock easing back, oil stock better and coal doing better. Banks suffered slightly, CBA down 0.8% and ANZ off 0.4% with the Big Bank Basket down to $281.16 (0.2%). Financials also eased back, GQG off 1.9% and IFL down 3.6%. REITS slightly lower, Industrials also flat, WES down 0.5% and ALL off 1.1% with the tech sector slipping, XRO off 0.7% and WTC down 1.0% with the All-Tech Index off 0.9%. In corporate news, OBM dumped 14.1% on a production downgrade, QAN up 3.5% as Virgin confirmed strong demand for the upcoming IPO. Nothing on the economic front local, the AUD near a six-month high. Asian markets mixed again, Japan up 0.4% and HK off 0.4% with China flat. 10-year yields steady at 4.27%.Want to invest with Marcus Today? The Managed Strategy 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 insights, research, and analysis to become a better investor.