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Morning Report 22 Oct 25: ASX to fall as gold and silver plunge

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Manage episode 514946401 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 took a breather overnight as investors paused following two strong sessions, despite a string of upbeat quarterly results from major US companies. General Motors surged 16% after lifting its full-year outlook and easing tariff concerns, while 3M, Coca-Cola and Ford also impressed with strong earnings. The Dow hit a record high, though tech stocks like Nvidia and Alphabet pulled back on renewed US-China trade uncertainty. Meanwhile, gold slumped more than 5% and silver nearly 9% in their steepest falls in over a decade, pressuring mining stocks. ASX futures point to a weaker open, down 0.5%, with updates ahead from Woodside, Iluka, and REA Group.

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

1259 episodes

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iconShare
 
Manage episode 514946401 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 took a breather overnight as investors paused following two strong sessions, despite a string of upbeat quarterly results from major US companies. General Motors surged 16% after lifting its full-year outlook and easing tariff concerns, while 3M, Coca-Cola and Ford also impressed with strong earnings. The Dow hit a record high, though tech stocks like Nvidia and Alphabet pulled back on renewed US-China trade uncertainty. Meanwhile, gold slumped more than 5% and silver nearly 9% in their steepest falls in over a decade, pressuring mining stocks. ASX futures point to a weaker open, down 0.5%, with updates ahead from Woodside, Iluka, and REA Group.

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

1259 episodes

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