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Morning Report 11 Nov 25: Stocks climb on bets US government shutdown is coming to an end

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Manage episode 518765774 series 2978934
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.

Wall Street climbed overnight, led by technology stocks, as investors celebrated the prospect of a reopened U.S. government. Chipmakers rallied as buyers went bargain hunting, while Palantir jumped as enthusiasm around the AI trade returned. Health insurers, however, retreated as Democrats signalled a compromise on Obamacare. In commodities, gold rose 2% on renewed rate-cut hopes, and copper advanced on optimism over a potential end to the government shutdown. Back home, Aussie shares are expected to edge higher on Tuesday ahead of the Commonwealth Bank’s earnings results.

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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1287 episodes

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Manage episode 518765774 series 2978934
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.

Wall Street climbed overnight, led by technology stocks, as investors celebrated the prospect of a reopened U.S. government. Chipmakers rallied as buyers went bargain hunting, while Palantir jumped as enthusiasm around the AI trade returned. Health insurers, however, retreated as Democrats signalled a compromise on Obamacare. In commodities, gold rose 2% on renewed rate-cut hopes, and copper advanced on optimism over a potential end to the government shutdown. Back home, Aussie shares are expected to edge higher on Tuesday ahead of the Commonwealth Bank’s earnings results.

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

1287 episodes

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