Market Close 22 Apr 25: Aussie market shakes off US tumble

Aussie markets held their ground after a rough night on Wall Street, where US indices plunged following Donald Trump’s fiery social media post attacking Fed Chair Jerome Powell. Despite the global jitters, the ASX 200 steadied, thanks in large part to a 3.8% surge in CBA shares. Gold stocks sparkled on safe haven demand, while tech and energy lagged amid interest rate fears and falling oil prices. 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.See omnystudio.com/listener for privacy information.