Morning Report 17 May 24: Aussie Shares To Slip As Dow Hits Milestone 40,000 Mark CommSec Market Update podcast

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Morning Report 17 May 24: Aussie shares to slip as Dow hits milestone 40,000 mark

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Despite starting strong, markets wilted towards the session's end, with the Dow Jones, the S&P 500, and the NASDAQ down. The ASX 200 is expected to follow suit with a 0.5% decline. Notable market movements include Walmart's historic day, Chubb's stock rise after Berkshire Hathaway's stake revelation, and John Deere's profit forecast trim affecting machinery sector stocks. Looking ahead, attention shifts to Chinese economic data, with indicators suggesting a pullout from a lull as the economy heads into the second quarter.

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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577 episoder

#Trading #Business #CommSec

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Morning Report 17 May 24: Aussie shares to slip as Dow hits milestone 40,000 mark

CommSec Market Update

15 subscribers

published 1M ago

Del

MP3•Episoder hjem

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.

Despite starting strong, markets wilted towards the session's end, with the Dow Jones, the S&P 500, and the NASDAQ down. The ASX 200 is expected to follow suit with a 0.5% decline. Notable market movements include Walmart's historic day, Chubb's stock rise after Berkshire Hathaway's stake revelation, and John Deere's profit forecast trim affecting machinery sector stocks. Looking ahead, attention shifts to Chinese economic data, with indicators suggesting a pullout from a lull as the economy heads into the second quarter.

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

577 episoder

#Trading #Business #CommSec

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