The local market hit a fresh record closing high during Friday's session, mirroring gains on Wall Street. The S&P/ASX 200 gained 7 points to finish at 8603 points, closing above 8600 points for the first time.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/this-is-the-turning-point-for-cba-bhp?videoId=42774" rel="noopener noreferrer" target="_blank">Great rotation underway</a><a href="https://ausbiz.com.au/media/the-asx-dogs-set-to-become-stuarts-best-friends?videoId=42770" rel="noopener noreferrer" target="_blank">Dog days are over</a><a href="https://ausbiz.com.au/media/why-morgans-is-still-banking-on-cba?videoId=42775" rel="noopener noreferrer" target="_blank">Still banking on it</a>

the COB: record reset

The Australian market lost ground during Wednesday's session after hitting fresh records Tuesday, as a rise in US inflation and worries on tariffs caught up with investors.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/stocking-up-on-more-burritos-please-?videoId=42977" rel="noopener noreferrer" target="_blank">Double down, extra guac!</a><a href="https://ausbiz.com.au/media/the-small-cap-stocks-that-are-primed-for-growth?videoId=42973" rel="noopener noreferrer" target="_blank">Tap in, fees out</a><a href="https://ausbiz.com.au/media/why-marcus-favours-etfs-over-stock-picking-?videoId=42971" rel="noopener noreferrer" target="_blank">Tech it to the max</a>

the COB: back in the red

Investors brush off Trump’s tariffs; China shows resilience; US inflation in focus tonight...

Our Top 3 Videos<a href="https://ausbiz.com.au/media/bca-trumps-copper-tariffs-set-to-rattle-global-markets?videoId=42954" rel="noopener noreferrer" target="_blank">Trump's copper curveball</a><a href="https://ausbiz.com.au/media/how-steve-turned-catapult-ama-and-motorcycle-holdings-into-big-fund-wins?videoId=42952" rel="noopener noreferrer" target="_blank">Joining the index elite</a><a href="https://ausbiz.com.au/media/hebes-three-stocks-to-watch-as-macro-pressures-build?videoId=42948" rel="noopener noreferrer" target="_blank">Streaming towards breakout?</a>

the COB: bulls on parade

The so-called "TACO trade" has returned to the fore after US President Trump declared a 30% tariff on European and Mexican imports over the weekend.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/andrews-stocks-to-watch-this-reporting-season?videoId=42923" rel="noopener noreferrer" target="_blank">Healthy growth story</a><a href="https://ausbiz.com.au/media/uncovering-cheap-value-buys-?videoId=42931" rel="noopener noreferrer" target="_blank">Olympics ready?</a><a href="https://ausbiz.com.au/media/pizza-pilbara-and-other-stock-potentials?videoId=42929" rel="noopener noreferrer" target="_blank">Cheesy returns &amp; commodity turns</a>

the COB: trade ties

The local market seesawed throughout the final trading day of the week, as investors largely shrugged off the latest tariff announcements from the White House, including a 35% hit to Canada.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/hold-the-rates-cue-the-chaos-the-week-that-was?videoId=42903" rel="noopener noreferrer" target="_blank">Hold the rates, cue the chaos</a><a href="https://ausbiz.com.au/media/two-resource-stocks-trumping-banks-?videoId=42902" rel="noopener noreferrer" target="_blank">Bank on rocks</a><a href="https://ausbiz.com.au/media/three-microcaps-gaining-traction-?videoId=42899" rel="noopener noreferrer" target="_blank">Cards, cogs &amp; screens</a>

the COB: tariff whiplash

The local market rebounded during Thursday's trade helped out by positive tailwinds from Wall Street after Nvidia became the first company in the world to reach a US$4 trillion valuation.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/healthy-resourceful-darrens-top-stock-picks?videoId=42867&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8P1wYYn9UuyAp1GzYF7ibZWONIql9DxeR6IRb-NB1Ipwv0Z5HvbHIFqWBp7CuWkg6J6iX5" rel="noopener noreferrer" target="_blank">Healthy &amp; 'resource'-ful</a><a href="https://ausbiz.com.au/media/the-economist-who-got-it-right?videoId=42877" rel="noopener noreferrer" target="_blank">He saw it coming</a><a href="https://ausbiz.com.au/media/why-gold-miners-remain-undervalued?videoId=42875" rel="noopener noreferrer" target="_blank">Golden opportunities</a>

the COB: ASX springs back

As investors were digesting the surprise RBA hold, the S&P/ASX 200 suffered from further tariff turbulence, and finished 0.6% lower at 8,538.60 points this Wednesday.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/the-kouk-reckons-the-rba-missed-the-mark?videoId=42850" rel="noopener noreferrer" target="_blank">WTH, RBA?</a><a href="https://ausbiz.com.au/media/three-small-caps-with-positive-newsflows?videoId=42842&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">Ignored... to Iconic</a><a href="https://ausbiz.com.au/media/jonathans-copper-contenders-the-trade?videoId=42848&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">Copper Curveball</a>

the COB: copper curveball

The RBA’s surprise decision to keep the cash rate on hold sent the S&P/ASX 200 lower, before a lift later in the session, leaving the index fairly flat at 8,591 points.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/taxing-tomorrow-shadow-treasurer-slams-div-296?videoId=42820" rel="noopener noreferrer" target="_blank">Taxing tomorrow, today</a><a href="https://ausbiz.com.au/media/90-chance-of-a-global-recession?videoId=41124" rel="noopener noreferrer" target="_blank">A stock spreading its wings</a><a href="https://ausbiz.com.au/media/luke-spots-value-in-madriven-gold-rush?videoId=42824" rel="noopener noreferrer" target="_blank">Strike while it's sold</a>

the COB: shock hold

The S&P/ASX 200 slipped 0.2% on Monday, finishing at 8,589.3 points as investors look ahead to tomorrow’s closely watched RBA rate decision.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/online-retail-stocks-set-to-outperform-this-year?videoId=42800" rel="noopener noreferrer" target="_blank">Shop these stocks</a><a href="https://ausbiz.com.au/media/rays-value-stock-pick?videoId=42801" rel="noopener noreferrer" target="_blank">Unboxing this stock</a><a href="https://ausbiz.com.au/media/the-standout-stocks-as-defence-demand-grows?videoId=42797" rel="noopener noreferrer" target="_blank">Bitcoin fueled small-caps</a>

the COB: tariff trepidation

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

the COB: record reset

More episodes

View all episodes

132. the COB: back in the red

131. the COB: bulls on parade

130. the COB: trade ties

129. the COB: tariff whiplash

128. the COB: ASX springs back

127. the COB: copper curveball

126. the COB: shock hold

125. the COB: tariff trepidation