Morning Report 25 Oct 24: S&P 500 sees first gain of the week as Tesla rises 20%

Wall Street saw its first improvement of the week on Thursday, despite the Dow Jones heading for its fourth consecutive decline. In company news, Tesla has delivered a better-than-expected quarter with an upbeat 2025 outlook, while UPS shares jumped after reporting their first profit growth in nearly two years. Meanwhile, U.S. bond yields slipped from a three-month high. Closer to home, Australia is expected to have a muted start to trade as iron ore prices dip on mixed supply data. 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.

There are no comments yet.

Please log in to write the first comment.