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Morning Report 02 Sept 24: Dow Jones hits second consecutive record high

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Manage episode 437526828 series 2978934
Innhold levert av CommSec. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CommSec eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Wall Street has ended August on a high note, with record highs for the Dow Jones and S&P 500. The U.S market posted its fourth consecutive month of gains as the stock rally broadened ahead of upcoming job data. Earnings growth has been particularly strong in the technology, financial, and healthcare sectors. However, U.S oil prices plunged by 3% as OPEC increased output. This decline, along with falling commodity prices like oil and iron ore, has put pressure on the Aussie market and weakened the Aussie dollar.

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.

  continue reading

707 episoder

Artwork
iconDel
 
Manage episode 437526828 series 2978934
Innhold levert av CommSec. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CommSec eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Wall Street has ended August on a high note, with record highs for the Dow Jones and S&P 500. The U.S market posted its fourth consecutive month of gains as the stock rally broadened ahead of upcoming job data. Earnings growth has been particularly strong in the technology, financial, and healthcare sectors. However, U.S oil prices plunged by 3% as OPEC increased output. This decline, along with falling commodity prices like oil and iron ore, has put pressure on the Aussie market and weakened the Aussie dollar.

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.

  continue reading

707 episoder

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