Morning Report 25 Nov 24: Latest growth figures push Dow to new record highs

Wall Street has ended the week with solid gains as the Dow Jones closed at a record high. A 4% surge in Boeing has lifted industrial stocks, while technology names lagged as Nvidia slipped 3%. In economic news, U.S. services activity accelerated to its highest level since March 2022. In Europe, stocks climbed on hopes of interest rate cuts. Locally, the Aussie share market is poised to test new record highs on Monday, with SPI futures indicating a solid gain for the ASX 200. 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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