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Market Close 07 Apr 25: The worst day since May 2020

Market Close 07 Apr 25: The worst day since May 2020

CommSec Market Update
9 min
7 Apr
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About the episode

It has been a rough day for the Aussie market today as it mirrored global markets and dropped substantially with declines not seen since 2020.  Trump’s tariffs have sparked discussions of a global recession and Laura unpacks the global market moves being made amid these events.  Laura unpacks the performance of the local sectors with declines happening across the board, both the Aussie dollar and gold prices have dropped, and Laura talks through the stocks that did manage to see some gains amid a sea of red. 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.