Market Update

The Wall Street Wrap: September 30, 2026
Market Update

The Wall Street Wrap: September 30, 2026

US stocks ended mixed on the last day of September as the Nasdaq edged higher while the S&P 500 and Dow slipped, with softer-than-expected PCE inflation failing to cool Treasury yields, and the 10-year settling near 5.29%. Micron reported record quarterly results and guided far above expectations, yet its shares slipped after hours; the FTC opened an industry-wide probe into AI labs including Anthropic and OpenAI, Alphabet unveiled Gemini 4 Argon, and General Mills named an insider as CEO.

The Wall Street Wrap: September 29, 2026
Market Update

The Wall Street Wrap: September 29, 2026

US stocks fell for a second straight session Tuesday as Treasury yields climbed to fresh multiyear highs and Fair Isaac plunged 27% after regulators moved to end its mortgage-scoring monopoly; Trump hosted tech leaders at a White House AI luncheon, US consumer confidence sank to a 12.5-year low, and Anthropic's IPO filing revealed a $42 billion net loss even as OpenAI seeks a $1.4 trillion valuation.

The Wall Street Wrap: September 28, 2026
Market Update

The Wall Street Wrap: September 28, 2026

US stocks fell Monday as Treasury yields resumed their climb toward multidecade highs and Boeing dragged the Dow lower on an FAA certification delay, even as Nvidia's $150 billion buyback boost offered some support; Trump touted a $15 billion Mesabi Metallics steel plant in Iowa, the US and China agreed to cut tariffs on $60 billion of goods, and a new report highlighted an unusual divergence in which nearly half of S&P 500 stocks now move opposite the index.

The Wall Street Wrap: September 25, 2026
Market Update

The Wall Street Wrap: September 25, 2026

US stocks closed out a volatile week with gains as oil prices retreated on hopes for a phased US-Iran deal to reopen the Strait of Hormuz, even as Treasury yields held near 2007 and 2004 highs; Iran offered to reopen the waterway within seven days, Barry Diller's People Inc. withdrew its MGM Resorts buyout bid, and a federal appeals court upheld the Pentagon's blacklisting of Anthropic.

ASX Post-Market Wrap: 25 September 2026
Market Update

ASX Post-Market Wrap: 25 September 2026

The ASX 200 fell 0.43% to 8,665.0, its lowest close since June 11 and a fourth straight weekly decline, as a quiet, holiday-thinned session saw only 2 of 11 sectors close higher. US and Australian bond yields surged to multi-decade highs, the Trump-Xi summit delivered just a modest trade truce extension, Healius jumped on an asset sale, and Netwealth and Meeka Metals both tumbled on separate setbacks.

The Wall Street Wrap: September 24, 2026
Market Update

The Wall Street Wrap: September 24, 2026

US stocks closed mixed Thursday as the Dow fell for a third straight session and Treasury yields surged to 2007 and 2004 highs, even as resilient jobless claims and new home sales data pointed to continued economic strength; the Senate narrowly rejected a measure to end the Iran war, while Trump and Xi extended their trade truce by two months at a high-profile White House summit.

ASX Post-Market Wrap: 24 September 2026
Market Update

ASX Post-Market Wrap: 24 September 2026

The ASX 200 fell to its lowest close in over a week as a global bond selloff pushed US Treasury yields to a 19-year high, while Australian unemployment rose to a five-year high of 4.6% despite stronger-than-expected job creation. Soul Patts and Premier Investments both posted strong results, while Bathla Group's collapse deepened and Albanese confronted OpenAI over an unauthorised Medicare breach.

The Wall Street Wrap: September 23, 2026
Market Update

The Wall Street Wrap: September 23, 2026

US stocks tumbled as Treasury yields surged to their highest level since July 2007, driven by hotter-than-expected economic data and fresh hawkish commentary from Fed officials signaling more rate hikes are likely. Rising oil prices and record diesel costs continue to fuel inflation concerns, while tech weakness and rate-sensitive sector selloffs dominated the tape.

The Wall Street Wrap: September 22, 2026
Market Update

The Wall Street Wrap: September 22, 2026

The Nasdaq posted its second straight record close as chip and memory stocks led, even as the broader AI rally showed signs of fragmenting into rate-sensitive sectors. Trump warned Iran at the UN, Qualcomm unveiled new on-device AI chips, and the US, Denmark, and Greenland signed a long-awaited security pact.

ASX Post-Market Wrap: 22 September 2026
Market Update

ASX Post-Market Wrap: 22 September 2026

The ASX 200 climbed to its highest close since September 10 as a plunge in oil prices eased inflation fears and powered a Nasdaq record, lifting technology, consumer discretionary and real estate stocks together. RBA officials Sarah Hunter and Michele Bullock both flagged further rate hikes, with Bullock also warning of a possible "AI bubble."