Morning Report 29 Apr 24: Aussie shares set to rebound after Wall Street's strongest week since November

Aussie shares are anticipated to make a comeback after Friday's turmoil according to Ryan and Craig, buoyed by Wall Street's stellar performance, which marked its best week since November. The investment in AI and cloud computing seems to be paying off with gains from Microsoft, Amazon and Nividia, albeit Apple experienced a decline. The US central bank is due to meet again, with analysts expecting rates to hold steady, echoing the concerns that inflation is here to stay until at least September.  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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