Market Close 26 Aug 25: Coles and Woolies keep losses to a minimum

The market has taken a much-needed breather today falling slightly following the recent run of record highs seen in nine of the past twelve trading sessions.  Stevie unpacks the session discussing the easing of US markets overnight, and how the firing of Fed board member Lisa Cook may impact markets.  Locally, Coles was one of the winners today following better than expected earnings data, Woolworths is expected to deliver their results tomorrow, and Fortescue Metals dragged on the mining sector.  In the day ahead monthly inflation data could gain attention, a number of stocks will trade ex-dividend, and the profits reporting continues. 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.