Wall Street climbed to fresh record highs overnight, but what is driving the rally? Last week’s softer-than-expected US jobs report has eased expectations of another Federal Reserve rate hike this month, helping lift tech and AI-related stocks, while the ASX is poised to follow with a positive open. Plus, why Nike’s struggles are a reminder that even the world’s biggest brands can lose their edge.

Join James Tao, Equity Market Commentator and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers.

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