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Morning Report 28 May 25: Dow jumps 700 points to end a seven-day losing streak

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Manage episode 485416301 series 2364476
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

US shares climbed as investors welcomed signs of economic and trade progress. Despite a sharp drop in durable goods orders—pointing to ongoing business uncertainty—consumer confidence rebounded strongly this month. In corporate news, Tesla shares rose as Elon Musk reaffirmed his focus on the company, while Nvidia jumped ahead of its earnings results. US bond yields dipped amid easing supply concerns, following speculation that Japan may adjust its bond strategy. In commodities, oil prices edged lower on renewed US-Iran talks, while metals retreated amid ongoing tariff uncertainty. Closer to home, Aussie shares are set to open higher on Wednesday, ahead of key inflation data.

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.

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1063 episodes

Artwork
iconShare
 
Manage episode 485416301 series 2364476
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

US shares climbed as investors welcomed signs of economic and trade progress. Despite a sharp drop in durable goods orders—pointing to ongoing business uncertainty—consumer confidence rebounded strongly this month. In corporate news, Tesla shares rose as Elon Musk reaffirmed his focus on the company, while Nvidia jumped ahead of its earnings results. US bond yields dipped amid easing supply concerns, following speculation that Japan may adjust its bond strategy. In commodities, oil prices edged lower on renewed US-Iran talks, while metals retreated amid ongoing tariff uncertainty. Closer to home, Aussie shares are set to open higher on Wednesday, ahead of key inflation data.

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.

  continue reading

1063 episodes

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