Market Updates

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By: Marcus Today

A twice-daily podcast from the Marcus Today team for self-directed investors.Published every weekday before the ASX open and after the close (AEST), these short updates cover what's moving markets, key developments overnight, and the themes shaping the trading day.Clear. Practical. No noise.

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Pre-Market Report – Friday 4 September: Bond yield paranoia deflates - Tech leads with hard assets close behind
Yesterday at 11:00 PM

ASX set to rise. SPI futures up 25 points or 0.28%.

Wall Street gained on the back of Fed Governor Waller's signal that he would hold on rates for September's meeting citing that it was also dependent on US inflation data improvements. September hike odds dropped to a 50/50 from a near 70% earlier in the week. US markets were up, the Dow rose 624 points, the S&P 500 gained 1.06% and the Nasdaq added 1.40%. August ISM services printed at 55.4, above consensus, though prices paid hit a four year high. The <...


End of Day Report – Thursday 3 September: ASX Bounces 42 Points
Yesterday at 7:00 AM

The ASX closed up 42 points or 0.46% to 9020, breaking three sessions of losses. 8 of 11 sectors closed higher, 3 lower. Financials led, up 0.86%, with CBA up 0.8%, NAB up 1.8%, ANZ up 1.3% and WBC up 1.5%. Healthcare and REITs both closed up 0.80% as bond yields eased. Energy was the worst sector, down 1.24%, with BPT down 2.8% and STO down 0.4% as WDS traded ex-dividend. Info Tech fell 0.78% on WTC down 2.4% and TNE down 1.9%.

Materials rose 0.39% despite BHP trading ex-dividend. The Gold sector closed up 2.92%, led...


Pre-Market Report – Thursday 3 September:
Last Wednesday at 11:00 PM

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End of Day Report – Wednesday 2 September: ASX Down 1% for the 2nd Time in a Week -
Last Wednesday at 7:00 AM

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Pre-Market Report – Wednesday 2 September
Last Tuesday at 11:00 PM

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End of Day Report – Tuesday 1 September: ASX Down 9 Points -
Last Tuesday at 7:00 AM

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Pre-Market Report – Tuesday 1 September:
Last Monday at 10:00 PM

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End of Day Report – Monday 31 August: ASX Down 16 Points - Banks Up - Miners Down -
Last Monday at 7:00 AM

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Pre-Market Report – Monday 31 August:
Last Sunday at 10:00 PM

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End of Day Report – Friday 28 August: ASX Bounces Back Led by Tech
08/28/2026

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Pre-Market Report – Friday 28 August:
08/27/2026

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End of Day Report – Thursday 27 August: ASX down nearly 100 points -
08/27/2026

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Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. 

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Pre-Market Report – Thursday 27 August: US markets steady as Nvidia results and Salesforce dominate after hours - SPI down 4 - Resources to slip
08/26/2026

The S&P 500 was relatively unchanged on Wednesday after the latest personal consumption expenditures price index reading revealed that inflation remains elevated.

The broad market index closed around the flatline at 7,675.70, while the Nasdaq Composite declined 0.08% to settle at 26,130.20. The Dow Jones Industrial Average lost 113.52 points, or 0.21%, to finish at 53,463.88.

Meta reached a settlement with state attorneys general over a lawsuit alleging that its social media apps harmed young users. Shares were 1% higher on the day.

The PCE price index — a monthly report detailing changes in prices of goods and services and a cl...


End of Day Report – Wednesday 26 August: ASX drops 37 - CPI kills rally - Banks ease - Gold Shines - Tech wrecked
08/26/2026

The ASX 200 closed 37 points lower at 9,128 (0.4%) after a strong start was ambushed by a higher-than-expected CPI number this morning. What looked like a good day all round turned into a negative one, with results also weighing on the market and some high-profile companies disappointing.

Banks continue to wallow, with CBA down 1.0% and the Big Bank Basket falling to $264.50 (0.4%). MQG was a standout, up 0.3%, but insurers gave back some of yesterday's gains, with QBE down 1.1% and IAG down 1.2%. GQG fell 7.0% as it...


Pre-Market Report – Wednesday 26 August: US markets push higher - Yields fall - Oil down - Nvidia the focus - SPI up - Gold flat - Results continue
08/25/2026

The S&P 500 rose slightly Tuesday, as Treasury yields fell for a second day. A rally in semiconductor stocks lifted the Nasdaq Composite.

The broader index gained 0.32% to close at 7,677.28, while the Nasdaq Composite advanced 0.66% to 26,151.30. The Dow Jones Industrial Average was up 160.24 points, or 0.3%, to close at 53,577.40 and notch its third straight winning session. 

Bond yields slid, with the benchmark 10-year Treasury note yield falling more than 7 basis points to 4.625%. Yields also retreated Monday after CNBC reported that the Treasury Department could use its $1 trillion General Account to fund bond repurchases. On Tuesday, West T...


End of Day Report – Tuesday 25 August: ASX 200 sprints ahead - BHP new record - Banks ok - Tech better - EOS soars!
08/25/2026

The ASX 200 rose 62 points today to 9,165 as the banks rebounded, with CBA slightly higher and NAB up 0.6%. The Big Bank Basket rose to $266.31 (0.3%). We also saw gains in other financials, with SUN bouncing hard, up 8.0%, and IAG also doing well. MQG had a good day, up 1.7%, and we saw ZIP also doing well, together with AMP. The REITs were slightly mixed, with GMG up but SCG down 2.5% and VCX down 2.7%.

Industrials were better today, with...


Pre-Market Report – Tuesday 25 August: US markets mixed ahead of Nvidia and Jackson Hole - SPI up 13 - Results in focus.
08/24/2026

The S&P 500 fell slightly on Monday as a drop in key technology stocks overshadowed a move lower in Treasury yields.

The broad market index fell 0.28% to 7,652.86, while the Nasdaq Composite lost 0.76% and closed at 25,980.19. The Dow Jones Industrial Average gained 140.15 points, or 0.26% to 53,417.16.

Declines in chip stocks weighed on the broader market. Micron Technology shed 5.8%, while Advanced Micro Devices and Broadcom pulled back more than 3% and 2%, respectively. The iShares Semiconductor ETF (SOXX) slid 2.7%.

SPI up 13 - Results in focus - WDS - Resources to ease perhaps - Gold up a little.

<...


End of Day Report – Monday 24 August: ASX 200 up 44 - BHP hits record - Resource rally continues - Tech up - Banks down - Reports continue
08/24/2026

The ASX 200 rose 44 points today to 9103 (0.5%), as once again we saw resources push ahead. The big Australian BHP hit a new record high today, up 3.0%, as the market continues to warm to the copper story and passive flows stoke the fires. Elsewhere, we saw good results from PLS ignite the lithium space, up 7.9%, with LTR up 4.3% and MIN up 4.2%. Even S32 had a good day, rising 3.7%, and the gold miners were firm yet again, with NST up 1.8% and NEM up 2.4%. Not...


Pre-Market Report – Monday 24 August: US markets firm - SPI up 41 - EDV Results - BEN - Resources in fcous
08/23/2026

Wall St rose Friday but still posted its first losing week in a month. Dow Jones up 518 points. S&P 500 up 0.43%. Nasdaq up 0.43%, snapping a five-day losing streak. Russell 2000 up 0.85%. VIX down 5.44%. SOX down 0.5%. Mag7 up 0.6%. SaaS up 1.4%.

ASX set to rise. SPI futures up 41 points or 0.46%. Gold up - Commodities firm - Results in focus.

Marcus Today – Daily Market Insights 

Marcus Today provides clear, practical commentary for self-directed investors – covering marke...


End of Day Report – Friday 21 August: ASX 200 drops 25 - Results dominate - ZIP comes undone - GQG changes tack - EQT gets another bid
08/21/2026

The ASX 200 ended a long week of results down 25 points at 9,059, or 0.3%. The index down 0.7% this week. It has been a long week for the market, and some of the gains from previous sessions were reversed today. The banking sector found its feet, with the Big Bank Basket rising to $267.12 (0.5%), led by CBA, up 1.0%. Insurers also bounced following yesterday's drubbing, with QBE up 2.9%, SUN up 1.1%, and MPL also having a good day, up 5.1%. Industrials were generally weaker across the board, with WES down 2.3%, JBH<...


Pre-Market Report – Friday 21 August: US markets sink - Yields jump - SPI down 28 - Gold steady - Results Continue
08/20/2026

US stock indices closed lower on Thursday amid concerns that the Treasury’s plan to curb borrowing costs may provide only a short-term fix, while higher energy prices stoked inflation worries. The S&P 500 lost 0.9%, the Nasdaq fell 0.7% and the Dow shed 704 points. Treasury yields rose across the curve as investors worried that the Treasury’s efforts to support notes and bonds could worsen the inflationary backdrop amid ample dollar liquidity. Borrowing costs were also lifted by higher fuel and gas prices after President Trump said the US had entered an “economic war” with Iran, prolonging blockades of tankers crossing...


End of Day Report – Thursday 20 August: ASX 200 up 30- Results - Results - Results - ZIP soars - MAF rallies hard - CSL continues higher - Banks fall again - Gold miners shine
08/20/2026

The ASX 200 rose 30 points to 9,084 (0.3%), although early gains petered out as the banking sector once again came under pressure. The Big Bank Basket fell to $265.70 . CBA was down 2.7%, ANZ fell 1.6%, and the insurance sector was also faring badly, with QBE down 3.9%, SUN down 2.3%, and MPL, which reported today, down 6.4%.

Other financials did better, with ASX up 0.3% and ZIP having a cracker of a day, up 18.2%, on better-than-anticipated results. REITs also rose as yields came off on the back of...


Pre-Market Report – Thursday 20 August: US markets rise - Yields drop on surprise intervention - SPI up 27 - BXB - FMG - CWY results
08/19/2026

US stock indices closed mixed on Wednesday as losses in AI infrastructure and bank stocks offset gains in other sectors. The S&P 500 added 0.2% and the Dow gained 120 points, while the Nasdaq shed 0.2%. The Treasury doubled the limit on buybacks of long-term securities for next quarter, adding to a series of measures aimed at controlling the recent surge in longer-term benchmark borrowing costs. Alongside lower rates, the prospect of increased dollar liquidity from the Treasury’s intervention also supported equities. This was combined with FOMC minutes confirming that some policymakers believe rate hikes may be appropriate this year. Retail st...


End of Day Report – Wednesday 19 August: ASX Finishes Down 0.2%. WTC Drops 8.7% -
08/19/2026

Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

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Pre-Market Report – Wednesday 19 August: US markets ease - Chips fried - SPI down 24 - Resources to ease - Results in focus.
08/18/2026

The S&P 500 fell on Tuesday, pressured by a run in sovereign bond yields to multidecade highs amid concerns of persistent inflation and elevated oil prices. A pullback in semiconductor stocks also weighed on the broader market.

The broad market index declined 0.69% to 7,691.76 and posted a third consecutive losing session. The Nasdaq Composite was down 1.33% to end at 26,289.71. Western Digital fell 7%, weighing on the Nasdaq. Sandisk dropped 9%. Marvell Technology and Seagate Technology were also down by nearly 8% and more than 9%, respectively. The Dow Jones Industrial Average shed 116.38 points, or 0.22%, and closed at 53,343.40.

The U.S. 30...


End of Day Report – Tuesday 18 August: ASX 200 closes down 3 - CSL jumps 17.3% BHP results cheer - COH jump - US Futures ease as oil and bond yields rise
08/18/2026

The ASX 200 fell 3pts to 9,070 in a day dominated by results, with the two biggest contributors to the positive move being BHP, up 2.7%, and CSL, which knocked it out of the park, rising 17.3%.

The market was generally soggy across the board, with few exceptions, mainly focused on companies delivering results that beat expectations. The banks once again came under pressure, with CBA down1.4% and MQG falling 2.0%, while REITs also came under pressure as bond yields remained elevated.

Elsewhere in the industrials, WES dropped 0.7...


Pre-Market Report – Tuesday 11 August: US Markets ease - SPI down 34 - COH BHP RWC Bid
08/17/2026

US stock indices closed lower on Monday amid concerns that elevated oil prices will fuel inflation as hopes for a deal to end the war in the Middle East faded. The S&P 500 fell 0.5%, the Nasdaq lost 0.2% and the Dow shed 273 points. Prospects for peace suffered a setback, with fighting flaring anew and rhetoric escalating. Oil prices rose, rasing concerns that inflation could prompt the Fed to raise rates before the year is over. The 30-year Treasury yield hit its highest level since 2007, reflecting concerns over surging government spending. Credit-sensitive stocks, including financials and hyperscalers, closed lower. Google lost 0.6...


End of Day Report – Monday 10 August: ASX 200 drops 42 - Banks slide - Resources in favour - Results dominate - JBH - AZJ - IRE all disappoint.
08/17/2026

The ASX 200 dropped 42 points to 9073 (-0.5%) as once again, the banking sector disappointed, with NAB's results pointing to challenges ahead. The stock fell 4.6%, while ANZ gave back some of last week's gains, falling 2.6%. The Big Bank Basket was down to $277.41 (-1.8%). Financials were generally weaker, with SOL down 1.9%, MQG down 0.5%, and ASX giving back some recent gains. Insurers also slipped, with QBE down1.8% and SUN down 5.1%. REITs came under pressure as bond yields rose, with SCG down 0.8% and <...


Pre-Market Report – Monday 17 August: US markets ease - SPI down 33 - NAB - JBH - GPT - LLC Reports
08/16/2026

Marcus Today – Daily Market Insights

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.

If you'd like to go further:

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MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly...


End of Day Report – Friday 14 August: ASX 200 falls 73 - Banks and Iron ore weigh - Gold miners slide - Tech back in favour.
08/14/2026

The ASX 200 fell 73 points to 9,115 (0.8%) as the banking sector slid and resources took a breather. For the week, we are down 1.6%. We saw CBA fall 1.1% and WBC down 0.9%, whilst ANZ had a better day following its results earlier this week. The Big Bank Basket fell to $282.50 (0.9%). Other financials were also under pressure, with ASX down 3.7%, while the insurance sector weakened, with QBE off 1.6% after disappointing results. Industrials were also easier, with TLS falling 1.2% and TCL...


Pre-Market Report – Friday 14 August: US markets head higher - Oil down - SPI down 34 - QBE Results - Tech to shine.
08/13/2026

The S&P 500 rose to a fresh all-time intraday high on Thursday as oil prices declined and traders digested more inflation data.

The broad market index added 0.65% and surpassed 7,800 for the first time ever. The S&P 500 notched a closing record of 7,798.99. The Nasdaq Composite gained 0.81% to end at 26,803.03, boosted by gains in Meta Platforms, Micron Technology and Netflix. The Dow Jones Industrial Average inched up 0.13%, or 69.72 points, to 53,839.99.

Brent crude futures shed more than 2% to close at $87.07 per barrel. West Texas Intermediate futures also slid more than 2% to settle at $81.25 per barrel. The moves...


End of Day Report – Thursday 13 August:
08/13/2026

Marcus Today – Daily Market Insights 

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. 

If you'd like to go further: 

Start a free 14-day trial of Marcus Today
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MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20...


Pre-Market Report – Thursday 13 August: US Markets push higher on CPI - SPI down 24 - Results the Focus - TLS - TCL - CWY bid
08/12/2026

US stock indices closed mostly higher on Wednesday after strong results from AI companies and a relatively tame CPI print. The S&P 500 rose 0.3% to near its record close, the Nasdaq gained 0.7%, and the Dow closed nearly flat. CoreWeave surged 19.3% after posting stronger-than-expected sales results. SMCI soared 19% after its revenue forecast came in above expectations. Chip producers gained following strong results from Tencent, while Temasek took fresh stakes in SK Hynix and Samsung. The results injected fresh optimism into AI infrastructure stocks amid their volatile start to the third quarter. Nvidia (+3%), Oracle (+5.4%), and Micron (+4.9%) were up. Meanwhile, new inflation...


End of Day Report – Wednesday 12 August: ASX 200 falls 41 - CBA - SEK - PMV in focus - US CPI tonight
08/12/2026

The ASX 200 closed down 41 points to 9,209 (-0.45%), as the banking sector came under a little pressure, despite CBA results beating forecasts ever so slightly. WBC continued lower, down 0.9%, while MQG also slipped 0.7%. The Big Bank Basket slipped to $285.41 (0.7%).  Insurers bucked the trend, with SUN better following its results, while IAG also pushed higher. Financials were generally somewhat easier, with ASX falling 2.8% and NWL down 1.3%. The REITs were also weaker, with G...


Pre-Market Report – Wednesday 12 August: SPI Futures down 40 after another Quiet Wall St Session -
08/11/2026

Marcus Today – Daily Market Insights 

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. 

If you'd like to go further: 

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MT20 – Managed ETF Portfolio
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http://bit.ly/mt20...


End of Day Report – Tuesday 11 August: ASX 200 up 18 - Off highs - RBA holds rates unchanged - SGH falls - 360 drops - ASB launched.
08/11/2026

The ASX 200 gained 18 points to 9,251 (+0.2%), with a slight flip higher as the RBA kept rates unchanged. Once again, we saw banks under some modest pressure, with ANZ down 1.3% and the Big Bank Basket down 0.3% to $287.50. Insurers also slipped, with QBE down 1.1% and IAG having a bad day, down 4.0%. Elsewhere, industrials were mainly firm, with healthcare a star, CSL up 2.9% and RMD up 3.8%. TLS managed a small loss, while CAR had a small loss after yesterday’s results, falling 1.1%. We also saw ...


Pre-Market Report – Tuesday 11 August: US markets drift lower - Oil jumps - Gold better - SPI down 3 - 360 smashed - SGH Results - RBA
08/10/2026

The S&P 500 lost 0.1%, the Nasdaq retreated 0.3%, and the Dow shed 61 points on Monday as markets assessed the outlook for interest rates this year amid growing doubts that a lasting resolution to the conflict with Iran is near. A rally in oil prices pushed bond yields higher on concerns over energy-driven inflation. Higher energy costs raised fears that the Fed may need to raise rates this year despite a cooling labor market. Credit-sensitive stocks were mixed, with financials mostly lower. Visa shed 0.3%, Amex lost 0.6%, and Morgan Stanley fell 0.5%. Chipmakers tumbled, with Nvidia down 2.9% amid reports that Wall Street giants...


End of Day Report – Monday 10 August: ASX 200 falls 31 - WBC weighs - CAR zooms higher - Bids a plenty - RBA tomorrow
08/10/2026

Marcus Today – Daily Market Insights 

Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. 

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MT20 – Managed ETF Portfolio
A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing.
http://bit.ly/mt20...


Pre-Market Report – Monday 10 August: US markets firm - SPI up 33 - Gold jumps - WBC results - CAR results - No deal in Gulf
08/09/2026

The S&P 500 rose on Friday as traders interpreted an unexpected loss of jobs in July as meaning the Federal Reserve won’t need to raise interest rates soon and can leave monetary policy on hold for now.

The broad market index advanced 0.62% for a record close of 7,757.64, while the Nasdaq Composite outperformed, climbing 1.3% to 26,690.62. The Dow Jones Industrial Average added 151.83 points, or 0.28%, to end at 54,036.93.

Stocks posted a second straight week of gains. The S&P 500 — which closed above 7,700 for the first time ever earlier this week — advanced 3.6% in the period. The Nasdaq saw a gain...


End of Day Report – Friday 7 August: ASX 200 down 8 - Closed up 3.2% for the week - US futures mixed - Europe on holidays - NFP tonight.
08/07/2026

The ASX 200 clawed back early losses to close down 8 on the day at 9,264 points (0.1%). Up 3.2% for the week. It was a mixed picture across the market as investors waited for the US non-farm payrolls (NFP) report tonight and watched for further developments in the Middle East.

The banks slipped back, with CBA down 1.0% and WBC down 1.6%, while MQG also eased after recently hitting record highs, falling 1.1%. The Big Bank Basket fell 1.1% to $295.90. Financials were generally softer, with the sector under pressure and ...