Markets Today (14 November 2025) at Open: Key Trends from Wall Street to ASX

1. ASX Outlook-

The ASX 200 (XJO) is down sharply, currently sitting around 8,615, which is a drop of –138 points or –1.58%. This tells us that overall investor sentiment is negative this morning, and the market is under pressure. The reason behind this weakness is a combination of high inflation, strong jobs data, and global market volatility. These factors have pushed back expectations of interest rate cuts in Australia.

2. Overnight US Markets:

The US markets had a very bearish session, which has flowed into our market today

1. S&P 500: –1.66%
2. Dow Jones: –1.65%
3. NASDAQ: –2.29%
4. Russell 2000: –2.79%

This broad downtick shows a risk-off mood, meaning investors are pulling money out of stocks because they’re feeling nervous.

3. US Sector Performance:

Most US sectors were negative, and this is important because the ASX often takes cues from US sentiment

Winners:

Energy: +0.31%

Losers:

Communication Services: –1.74%, Information Technology: –2.37%, Consumer Discretionary: –2.73%.

Tech was hit the hardest, which matters because tech leads broader market sentiment globally.

4. Commodities:

1. Gold: –0.41% ($4,178) Weak gold may pressure Australian gold miners
2. Silver: –1.9% ($52.33)
3. Copper: –0.50% ($5.05) Copper down often impacts mining giants like BHP and Rio.
4. Oil (WTI): +0.27% ($58.65) Oil up slightly might support ASX energy stocks (though energy was mixed overall).

5. What to Watch Today (ASX Focus)

The ASX is facing two pressures:

1. Local pressure:

High inflation & Strong job numbers
→ Markets now believe the RBA is unlikely to cut rates anytime soon.

1.  Global pressure:

• Weak performance from all major US indices
• Broad sector weakness overseas
  → Australia typically “follows” Wall Street’s lead.

This combination has created a spike in volatility, meaning market prices are swinging more than usual. New investors should be cautious in such conditions.

6. Broker Move:

Two notable upgrades in the Australian market:

Computershare (CPU) upgraded to Buy → Target price increased from $39.50 to $40

Lynas Rare Earths (LYC) upgraded to Outperform → Target price remains $17.

Upgrades can help support individual stock prices, even in a weaker market.

7. Stocks Trading Ex-Dividend:

This is important for income-focused investors:

• TPG Telecom (TPG): $0.09
• Whitefield Income (WHI): $0.006

Ex-dividend means the stock usually trades slightly lower today because the dividend value has been removed from the share price.

Our take at Kapitales Research:

• Markets are beginning to show cracks, and the ASX is under pressure.
• Some caution is needed as volatility picks up.
• Despite the negative sentiment, Q3 earnings were very strong, and Fed rate cuts are still expected at some point—just not soon.

• Investors should keep an eye on:

1. Inflation news
2. Interest rate expectations
3. Commodity prices
4. US tech sentiment
5. Broker updates on key ASX stocks

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com