Wall Street slipped overnight as rising bond yields and weakness in crypto-exposed stocks weighed on sentiment. US Treasuries also declined, with fresh corporate debt issuance adding pressure after Japan’s bond sell-off last week. Still, Black Friday and Cyber Monday sales helped lift major US retailers. Elsewhere, European markets kicked off December on the back foot, dragged lower by a slide in Airbus. In commodities, oil rose more than a dollar a barrel after OPEC’s latest move, while silver hit a record high as growing rate-cut expectations pressured the US dollar. Back home, Aussie shares are set to open higher, with Collins Foods earnings in focus.

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 slipped overnight as rising bond yields and weakness in crypto-exposed stocks weighed on sentiment. US Treasuries also declined, with fresh corporate debt issuance adding pressure after Japan&rsquo;s bond sell-off last week. Still, Black Friday and Cyber Monday sales helped lift major US retailers. Elsewhere, European markets kicked off December on the back foot, dragged lower by a slide in Airbus. In commodities, oil rose more than a dollar a barrel after OPEC&rsquo;s latest move, while silver hit a record high as growing rate-cut expectations pressured the US dollar. Back home, Aussie shares are set to open higher, with Collins Foods earnings in focus.
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.