S&P/ASX 200 down to 7267; RBA hikes rates by 0.25% to 3.85%; Endeavour and Woolworths quarterly reports out

Our Top 3 Videos <a href="https://www.ausbiz.com.au/media/stock-market-drops-on-rate-hike-shock?videoId=28795&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">RBA rate hike shock</a><a href="https://www.ausbiz.com.au/media/why-the-australian-reits-are-worth-a-second-look?videoId=28771&amp;sectionId=1885" rel="noopener noreferrer" target="_blank">REITS for your "high-quality basket"</a><a href="https://www.ausbiz.com.au/media/how-auto-aftermarket-stocks-can-help-you-weather-the-storm?videoId=28763" rel="noopener noreferrer" target="_blank">Three stocks with extra wheels&nbsp;</a>

the COB: rate rise surprise 😲

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. 

Our Top 3 Videos<a href="https://ausbiz.com.au/media/how-to-build-an-ai-portfolio?videoId=36052&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-_lDLftyPSxCPG4FR_EO08jQQYOR9bj_Eac3bcH6zrvV43S55DciqLkCJ2T7PDCTmom-Pqe" rel="noopener noreferrer" target="_blank">How to build an AI portfolio</a><a href="https://ausbiz.com.au/media/three-stocks-with-interesting-potential?videoId=36054&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-_lDLftyPSxCPG4FR_EO08jQQYOR9bj_Eac3bcH6zrvV43S55DciqLkCJ2T7PDCTmom-Pqe" rel="noopener noreferrer" target="_blank">Down, but not out</a><a href="https://ausbiz.com.au/media/betting-on-the-banks-amidst-the-ai-boom?videoId=36051&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-_lDLftyPSxCPG4FR_EO08jQQYOR9bj_Eac3bcH6zrvV43S55DciqLkCJ2T7PDCTmom-Pqe" rel="noopener noreferrer" target="_blank">Power stocks</a>

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.

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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.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/the-buy-case-for-origin-energy-?videoId=35963&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz--uhpXK2Yd4dFHKOa1QYPOjODKnpnbvDJwtVYr6Uwg4XUzoawWHHpcudRFDOpcOhiJQpnNW" rel="noopener noreferrer" target="_blank">The Origin story</a><a href="https://ausbiz.com.au/media/james-deep-value-copper-play?videoId=35957&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz--uhpXK2Yd4dFHKOa1QYPOjODKnpnbvDJwtVYr6Uwg4XUzoawWHHpcudRFDOpcOhiJQpnNW" rel="noopener noreferrer" target="_blank">Deep value copper</a><a href="https://ausbiz.com.au/media/harrys-top-stock-picks-to-end-the-week?videoId=35960&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz--uhpXK2Yd4dFHKOa1QYPOjODKnpnbvDJwtVYr6Uwg4XUzoawWHHpcudRFDOpcOhiJQpnNW" rel="noopener noreferrer" target="_blank">Xero to hero?</a>

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.

Our Top 3 Videos<a href="https://ausbiz.com.au/media/finding-value-in-these-copper-stocks?videoId=35911&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8RMub97ixcA-SJup53vkHGkAjON1ltlDe4DvkZ_gOjRbwIAuxIcUhLlqRog--h148E2Bs9" rel="noopener noreferrer" target="_blank">Sandfire vs copper</a><a href="https://ausbiz.com.au/media/deep-dive-into-these-three-stocks?videoId=35912&amp;sectionId=1885&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8RMub97ixcA-SJup53vkHGkAjON1ltlDe4DvkZ_gOjRbwIAuxIcUhLlqRog--h148E2Bs9" rel="noopener noreferrer" target="_blank">A rock and a hard place</a><a href="https://ausbiz.com.au/media/financial-stock-picks-for-better-growth-potential?videoId=35922&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-8RMub97ixcA-SJup53vkHGkAjON1ltlDe4DvkZ_gOjRbwIAuxIcUhLlqRog--h148E2Bs9" rel="noopener noreferrer" target="_blank">Big banks: bad idea?</a>

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

Local stocks came under pressure as investors took profits after a record run on Wall Street...

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the COB: changing course

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: rate rise surprise 😲

More episodes

View all episodes

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

91. the COB: changing course