Morning Report 10 Apr 25: US shares post third-biggest gain in post WWII history

It was a historic day on Wall Street as the Trump administration paused reciprocal tariffs with several key trading partners, sparking a broad market rally. All sectors of the S&P 500 closed higher, led by strong gains in information technology, while the NASDAQ logged its second-biggest gain on record. Investor speculation is building that the Federal Reserve may step in if the bond sell-off intensifies, adding further fuel to market optimism. Commodities surged on the news, with oil jumping 4% and gold soaring 3% to hit fresh record highs. Looking ahead, Aussie shares are expected to rally sharply, with futures pointing to a 6% surge at the open. 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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