The Aussie market slides as consequences of second wave crystallise, with Treasurer Frydenberg warning another lockdown could be a $4 billion hit to the economy. Our stock of the day is Mesoblast (MSB).

Second wave nerves give market the jitters

The S&P/ASX200 finished 0.49% lower at 7,628 to leave the index around 2.5% lower  over the past week.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/small-caps-big-tailwinds?videoId=36078&amp;sectionId=1885&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-_zkqJ7HPG7hKr0KYh-Iwo3w5q3fib51T9_3-SLlR92FGsj4WnvHtO7g9-IwLYCTFFb0Xnv" rel="noopener noreferrer" target="_blank">Small caps, big tailwinds</a><a href="https://ausbiz.com.au/media/andrews-etf-hacks-?videoId=36076&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-_zkqJ7HPG7hKr0KYh-Iwo3w5q3fib51T9_3-SLlR92FGsj4WnvHtO7g9-IwLYCTFFb0Xnv" rel="noopener noreferrer" target="_blank">Best kept ETF secrets</a><a href="https://ausbiz.co/3VlpBXb?utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-_zkqJ7HPG7hKr0KYh-Iwo3w5q3fib51T9_3-SLlR92FGsj4WnvHtO7g9-IwLYCTFFb0Xnv" rel="noopener noreferrer" target="_blank">Return to glory</a>

the COB: sell-off continues

The S&P/ASX200 finished 1.30% lower at 7,665, a 3 week low. All sectors were in the red, led by losses in the industrials and the consumer sectors. 

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the COB: stocks slump

In the absence of a Wall Street lead, the local share market chartered its own course today, and it was the bulls who lost out. The S&P/ASX200 fell 0.28% to 7,766.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/senecas-three-midcap-buys-with-earnings-momentum?videoId=36035" rel="noopener noreferrer" target="_blank">Mid cap momentum</a><a href="https://ausbiz.com.au/media/franklyns-golden-stocks-to-watch-?videoId=36032" rel="noopener noreferrer" target="_blank">Gold standard</a><a href="https://ausbiz.com.au/media/a-win-for-investor-activism-?videoId=36027" rel="noopener noreferrer" target="_blank">Mining boost</a>

the COB: spending stalls

Aussie stocks have rebounded from Friday's sharp losses with the S&P/ASX200 finishing 0.79% higher at 7,788.

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the COB: rate sensitive rally

The local market closed lower with global risk sentiment dented by changing sentiment around interest rates; UK retail sales and the FOMC's Waller are to come...

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the COB: friday funk

The benchmark Aussie index tracked US markets lower - despite Nvidia's strong result - as US Fed meeting minutes reinforced rates will stay higher for longer. The S&P/ASX200 fell 0.46% to 7,811 to end the week 0.88% lower.

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the COB: takeover drama

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the COB: weary Wednesday

The market turned mildly negative today, although there was no significant news to trade on other than company updates. The S&P/ASX200 lost 0.15% to finish at 7,851.

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the COB: down day

The Australian share market has pushed closer to its record high with the S&P/ASX200 rising 0.63% to 7,863, 0.41%, off its record; US markets await FOMC speak...

Our Top 3 Videos<a href="https://ausbiz.com.au/media/uncovering-market-gems-beyond-the-top-300?videoId=35896" rel="noopener noreferrer" target="_blank">Hot, Cold, or In Limbo?</a><a href="https://ausbiz.com.au/media/stock-picks-for-the-long-game?videoId=35895" rel="noopener noreferrer" target="_blank">Going long for longer</a><a href="https://ausbiz.com.au/media/what-is-beefin-up-elders-profit-this-fy24?videoId=35901&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">When growth crops up</a>

the COB: kissing records

Close your business day with the ausbiz anchors and a wrap of the day&apos;s key stories.

Close your business day with the ausbiz anchors and a wrap of the day's key stories and market movers, as well as our Stock of the Day. Disclaimer: At ausbiz we provide news, information, analysis and commentary. All of this content is general in nature and does not take into account your personal financial situation. The information is not intended as advice and you should not rely on it as such. Before acting on any information you have seen or heard on ausbiz platforms, you should seek independent financial advice, which takes into account your specific circumstances. While we endeavour to ensure that the content you hear in this podcast is reliable, accurate and complete, we cannot guarantee that. You should also be aware that the individuals appearing on ausbiz may have direct holdings in the companies or investments they discuss.

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The COB from ausbiz

Second wave nerves give market the jitters

More episodes

View all episodes

100. the COB: sell-off continues

99. the COB: stocks slump

98. the COB: spending stalls

97. the COB: rate sensitive rally

96. the COB: friday funk

95. the COB: takeover drama

94. the COB: weary Wednesday

93. the COB: down day

92. the COB: kissing records