Morning Report 03 Sept 24: Wall Street closed for Labor Day holiday

Northern hemisphere markets remain neutral as Wall Street celebrates Labor Day. German stocks reached a record high despite its ongoing political uncertainty. Meanwhile, Rightmove shares surged following REA Group's bid, while iron ore experienced its steepest decline in two years. Locally, Aussie shares are expected to open slightly higher, ex-dividend stocks are in focus and the Aussie dollar has risen as the Greenback weakens ahead of the upcoming jobs report. 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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