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CommSec Market Update

Morning Report 25 Feb 25: Wall Street mixed in uneven trade with Nvidia results in focus

24 Feb 2025

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Wall Street is seeing mixed trading, with Nvidia's earnings in focus. In company news, Apple plans to add 20,000 U.S. jobs amid tariff concerns, while Alibaba shares drop on China trade worries. Berkshire rises on strong earnings, but Domino’s slips after a U.S. sales miss. Meanwhile, U.S. Treasury yields are lower ahead of key inflation data, and European markets edged down following Germany’s election outcome. In commodities, gold hits a record high, copper dips on tariff fears, and steel duties weigh on iron ore sentiment. Looking ahead, the ASX and Aussie dollar are expected to slip on Tuesday. 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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