Siirry offline-tilaan Player FM avulla!
Market Close 02 Aug 24: ASX records worst day since March 2023
Manage episode 431952190 series 2364476
The Aussie share market experienced its worst day of the year, with almost 90% of stocks in the red. This decline followed two consecutive days of record highs and could be attributed to profit-taking by investors. The US market also saw a slump, particularly in technology stocks, due to disappointing economic data. Key events to watch next week include the upcoming US jobs data and the Reserve Bank of Australia's interest rate decision.
The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.
See omnystudio.com/listener for privacy information.
713 jaksoa
Manage episode 431952190 series 2364476
The Aussie share market experienced its worst day of the year, with almost 90% of stocks in the red. This decline followed two consecutive days of record highs and could be attributed to profit-taking by investors. The US market also saw a slump, particularly in technology stocks, due to disappointing economic data. Key events to watch next week include the upcoming US jobs data and the Reserve Bank of Australia's interest rate decision.
The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.
See omnystudio.com/listener for privacy information.
713 jaksoa
All episodes
×Tervetuloa Player FM:n!
Player FM skannaa verkkoa löytääkseen korkealaatuisia podcasteja, joista voit nauttia juuri nyt. Se on paras podcast-sovellus ja toimii Androidilla, iPhonela, ja verkossa. Rekisteröidy sykronoidaksesi tilaukset laitteiden välillä.