CommSec Market UpdateCommSec Market Update

Morning Report 31 Oct 24: Wall Street struggles for direction ahead of mega cap earnings

View descriptionShare

Wall Street struggles to advance as investors face information overload. Technology stocks decline on mixed earnings results, while strong economic data pushes interest rates higher. Meanwhile, markets remain cautious ahead of Meta and Microsoft earnings. In the UK, the largest tax hike since 1993 is imminent. Gold reaches a record high ahead of the U.S. election, and oil prices rise due to a drawdown in U.S. stockpiles. Meanwhile, Australian shares are expected to slip, closing a down month for the ASX 200.

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.

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

  1. CommSec Market Update

    775 clip(s)

CommSec Market Update

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily exper 
Social links
Follow podcast
Recent clips
Browse 775 clip(s)