Wall Street closed the week slightly higher, with the S&P 500 edging up as cooler US inflation offset weakness in tech. Treasury yields fell after the CPI reading kept hopes for Fed rate cuts alive, while Coinbase rebounded as Bitcoin surged to US$69,000. Elsewhere,  European shares edged lower amid renewed concerns around AI valuations. In commodities, oil settled higher on optimism around the US inflation outlook, gold jumped more than 2% on rate-cut hopes, while iron ore slipped ahead of a holiday in China. Back home, Aussie shares are set to open higher ahead of a bumper week of earnings.

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 closed the week slightly higher, with the S&amp;P 500 edging up as cooler US inflation offset weakness in tech. Treasury yields fell after the CPI reading kept hopes for Fed rate cuts alive, while Coinbase rebounded as Bitcoin surged to US$69,000. Elsewhere,&nbsp; European shares edged lower amid renewed concerns around AI valuations. In commodities, oil settled higher on optimism around the US inflation outlook, gold jumped more than 2% on rate-cut hopes, while iron ore slipped ahead of a holiday in China. Back home, Aussie shares are set to open higher ahead of a bumper week of earnings.
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.