Market Updates

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
http://bit.ly/mt-trial-podcast
Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer
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-podcast
Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast
—
Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

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
http://bit.ly/mt-trial-podcast
Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer
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-podcast
Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast
—
Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

ASX closed up 40 points or 0.46% on Tuesday. 5 of 11 sectors higher. Materials was best, up 2.78%, as copper strength followed with the chip bounce on Wall Street after Anthropic’s IPO filing. BHP closed up 4.3%, RIO up 2.5%, S32 up 2.6% and LYC up 3.5%. Communications was worst, down 0.80%, with REA down 3.3%. Financials fell 0.59% as banks weighed for another day, the Big Four all closing down between 0.1% and 1.7%. NAB was weakest on reports it was hiring internationally while cutting Australian staff. UBS and Morgan Stanley both called the sector priced for perfection ahead of WBC’s result next Monday. REITs held their own, rising 0.78%, with GMG up 3.2%.
Energy rose 0.63%, with uranium stocks the strongest in the group, BOE and PDN both up 6.7%. WDS rose 0.3% after agreeing to sell its Sunrise JV interest to TIMOR GAP for up to $200m. Gold rose 1.45% ahead of this week’s FOMC meeting, with NST up 2.1%, RMS up 4.5% and GGP up 1.8%. PRU was the exception, down 3.0% on its Q1 production miss. SFR rose 2.3% as drilling at its La Juliana discovery in Spain confirmed around 160m of strike. Lithium firmed, ELV up 6.2% on a Q1 NAL production beat, MIN up 2.2% and PLS up 1.4%. Iron ore fell to a two year low on concerns over Lula’s win for Vale. Tech rose 0.38%, with NXT up 3.8%.
SGR soared 13.0% on its return to positive Q1 EBITDA. AOV sank 10.5% on challenging Q1 trading and dragged ARB down 3.8% on the readthrough. SKS rose 10.1% after confirming it had no further material contracted work with NXT. MP1 rose 9.6% on Pinnacle’s raised stake of ownership. FFM rose 9.3% after an exploration update.
Kospi up 3.27%, Hang Seng down 0.49%, TOPIX up 0.60%, SSE down 0.18%, Taiex up 0.19%. US futures: S&P 500 flat, Dow up 0.25%, Nasdaq down 0.16%. AUD 70.20c. AU 2-year yield up 1.4bp to 4.91%, 10-year down 0.8bp to 5.16%. The RBNZ is expected to hike by 25bp tomorrow, and money markets priced above a 60% chance of an RBA hike on Cup Day ahead of tomorrow’s quarter CPI.

Marcus Today – Daily Market Insights
Marcus Tod ay 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
http://bit.ly/mt-trial-podcast
Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer
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-podcast
Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast
—
Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

Stocks rose Monday as semiconductor makers rallied after Anthropic’s IPO filing revived enthusiasm for the artificial intelligence trade.
The Dow Jones Industrial Average added 146.42 points, or 0.28%, to end at 52,361.58. The S&P 500 gained 0.7% to 7,676.77, while the Nasdaq Composite jumped 0.82% to close at 26,169.38. 
Chip stocks and other AI-related shares rose as Anthropic publicly filed for an IPO, an offering investors are betting will add new life to the flagging tech sector. The AI company behind Claude reported $16.29 billion in revenue for the six months ended June, a 1,304% increase from $1.16 billion during the same period a year earlier. It plans to list on the Nasdaq under ticker symbol “ANT.”
Other major AI headlines added to the risk-on sentiment. Meta Platforms said Monday it is planning to raise $95 billion to support its AI investments. SpaceX CEO Elon Musk said over the weekend that the satellite and rocket launch company has closed a $40 billion debt deal
SPI down 6 - Gold up - Oil down 
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
http://bit.ly/mt-trial-podcast
Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer
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-podcast
Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast
—
Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

The ASX 200 fought back from early losses to close up 15points at 8,810 (0.2%) Banks, which were the source of weakness early, rallied, with CBA down 0.5% and the other three down around 0.7%. Insurers eased, with QBE down 1.2% and IAG down 0.3%. In other financials, CGF knocked back the bid from the Japanese, falling 0.6%. REITs were better, led by GMG up 2.6% and VCX up 1.7%. Elsewhere, safe havens came under a little pressure, with WOW down 2.1% and COL down 1.5%, together with TLS. Retail stocks were mixed, with JBH up 0.2%, but WES down 1.6%. Healthcare stocks were generally better, with the exception of CSL down 0.8% and COH down 3.4% on its AGM news. Tech stocks were brighter today, with WTC up 1.5% and XRO up 1.2%. The All Tech index rose 0.6% today. NXT fell slightly after it announced its chair would be retiring and Craig Scroggie would forego any bonuses next year. MP1 also rallied a little, too.
Resources were a happier place after the pasting of the last few days. BHP rallied 1.0%, as did FMG, up 2.2%. The lithium space had a strong recovery, with PLS soaring 8.4% and LTR also doing well, with LYC up 5.2% too. Gold miners bounced hard, led by GGP up 7.0% and RRL up 4.5%. In the oil and gas space, WDS rose 0.7%, and STO rose 1.3%, and uranium stocks also firmed today.
In corporate news today, COH reaffirmed guidance. We had an update from MYX. CGF rejected the Dai-ichi Life takeover. WOR teamed up with Samsung E&A to build major infrastructure projects in the US. APE also having a good day after a deal to buy the remaining 20% of its BYD EV JV.
Nothing on the economic front as we await the inflation data later this week.
Asian markets: Japan down 0.4%, HK up 0.4% and China down 0.5%. 
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
http://bit.ly/mt-trial-podcast
Join Marcus Today
Use code MTPODCAST for 10% off
http://bit.ly/mt-join-podcast-offer
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-podcast
Principles – How We Think About Investing
A short video series on timing, behaviour, and decision-making. No stock tips.
http://bit.ly/mt-principles-podcast
—
Disclaimer
This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.