Wall Street wrapped up a stellar November with strong gains, driven by optimism over lower bond yields, U.S. economic resilience, and expectations of a rate cut. The Dow rose 7.5%, marking its best month in a year, while the NASDAQ surged 6.2%, outpacing Australia's ASX 200, which gained 3.4%. Tesla led the charge in U.S. equities, climbing over 30% in November, while retailers were bolstered by robust Black Friday sales. Locally, Australian home prices slowed in November, reflecting affordability challenges, while the ASX eyes record highs, fuelled by bullish commodity prices and economic momentum from China.

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.

Wall Street wrapped up a stellar November with strong gains, driven by optimism over lower bond yields, U.S. economic resilience, and expectations of a rate cut. The Dow rose 7.5%, marking its best month in a year, while the NASDAQ surged 6.2%, outpacing Australia's ASX 200, which gained 3.4%. Tesla led the charge in U.S. equities, climbing over 30% in November, while retailers were bolstered by robust Black Friday sales. Locally, Australian home prices slowed in November, reflecting affordability challenges, while the ASX eyes record highs, fuelled by bullish commodity prices and economic momentum from China.
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.

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.



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.

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.
 
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.

Insights, interviews and the latest news and information on investment markets from CommSec, Australia's leading online broker.

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