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Morning Report 29 Apr 25: Wall Street mixed as investors brace for key earnings numbers
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US stocks ended mixed overnight as investors look ahead to a busy week of company earnings. Interest rates eased as markets anticipated key inflation and growth figures due later in the week. Tech giant Nvidia slipped more than 2% after reports that Huawei is preparing to launch a competing chip. In Europe, stocks closed higher, led by gains in healthcare and banking sectors. Meanwhile, the US dollar moderated, although commodities generally weakened, with oil sliding 1.5% amid concerns over global growth and supply risks. Closer to home, the Aussie share market is set to open modestly higher on Tuesday, while the Aussie dollar firmed against a softer Greenback.
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