Morning Report 30 Apr 24: Tesla drives Wall Street higher with Aussie shares expected to edge higher

Amidst a bustling week of corporate updates, Wall Street sees incremental gains, pushed by Tesla's remarkable overnight surge of 15%. The Dow Jones edging slightly upward and NASDAQ following suit, while retail spending data and promising earnings reports fuel investor optimism. Despite ongoing pullbacks, market sentiment remains buoyant with the majority of US companies surpassing expectations. Anticipation builds as Amazon prepares to report earnings, though Apple faces anticipated challenges. 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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