Wall Street scaled new record highs overnight as investors continued to anticipate interest rate cuts and with small-cap stocks outperforming their larger tech counterparts. Meanwhile, Scott Bessent suggested Nvidia and AMD’s agreements with China could serve as a model for other firms, while CoreWeave shares tumbled after widening losses from its AI buildout. On the other hand, Paramount shares soared 36%, and Bullish doubled in its NYSE debut. Back home, Aussie shares are expected to rebound on Thursday as investors brace for the release of the July jobs report, with Telstra’s earnings also in focus today.

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 scaled new record highs overnight as investors continued to anticipate interest rate cuts and with small-cap stocks outperforming their larger tech counterparts. Meanwhile, Scott Bessent suggested Nvidia and AMD&rsquo;s agreements with China could serve as a model for other firms, while CoreWeave shares tumbled after widening losses from its AI buildout. On the other hand, Paramount shares soared 36%, and Bullish doubled in its NYSE debut. Back home, Aussie shares are expected to rebound on Thursday as investors brace for the release of the July jobs report, with Telstra&rsquo;s earnings also in focus today.
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.