Artwork

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://ppacc.player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Morning Report 16 May 25: S&P 500 closes higher for a fourth day

9:58
 
Share
 

Manage episode 482976424 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://ppacc.player.fm/legal.

Wall Street delivered a mixed performance as leading technology stocks lost some ground. However, broader markets gained amid falling US bond yields driven by shifting Federal Reserve expectations. Retail sales growth slowed, contributing to a dip in both bond yields and the US dollar. In company news, Cisco shares rose on a positive sales forecast, while Walmart warned of impending price hikes due to Trump-era tariffs. Meanwhile, in Europe, defense stocks gained following a deadlock in Russian-Ukraine negotiations. In commodities, oil prices dropped 2% amid renewed expectations of a US-Iran nuclear deal, while gold prices climbed 1% on weak US economic data. Closer to home, Aussie shares are poised to extend their winning streak to an eighth consecutive session to close out the week.

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

1032 episodes

Artwork
iconShare
 
Manage episode 482976424 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://ppacc.player.fm/legal.

Wall Street delivered a mixed performance as leading technology stocks lost some ground. However, broader markets gained amid falling US bond yields driven by shifting Federal Reserve expectations. Retail sales growth slowed, contributing to a dip in both bond yields and the US dollar. In company news, Cisco shares rose on a positive sales forecast, while Walmart warned of impending price hikes due to Trump-era tariffs. Meanwhile, in Europe, defense stocks gained following a deadlock in Russian-Ukraine negotiations. In commodities, oil prices dropped 2% amid renewed expectations of a US-Iran nuclear deal, while gold prices climbed 1% on weak US economic data. Closer to home, Aussie shares are poised to extend their winning streak to an eighth consecutive session to close out the week.

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

1032 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide

Listen to this show while you explore
Play