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CommSec Market Update

Morning Report 26 July 24: S&P 500 and NASDAQ end lower as tech comeback falters

25 Jul 2024

Description

Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets.US stocks experienced mixed fortunes last night as tech stocks underperformed, while the Dow Jones outperformed as stock rotation continues. Harley-Davidson reported increased profits due to strong demand for touring bikes. Closer to home, the ASX is poised to rise, supported by climbing energy prices, while the Australian dollar faces pressure from declining iron ore prices. 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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