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Morning Report 29 May 25: US shares close lower ahead of Nvidia earnings

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Manage episode 485529846 series 2364476
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

US stocks eased overnight as investors awaited key earnings reports, with particular focus on Nvidia, whose results are crucial for market sentiment around AI. Meanwhile, long-term interest rates continued their upward march. In the retail sector, fortunes were mixed, with attention turning to Dick's Sporting Goods following a notable transaction involving Foot Locker. Adding to the geopolitical tension, President Trump has ordered chip software designers to halt sales to China, a move that could have ripple effects across the tech sector. Closer to home, the Aussie share market is expected to inch higher today, ahead of the release of key business investment data.

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.

See omnystudio.com/listener for privacy information.

  continue reading

1063 episodes

Artwork
iconShare
 
Manage episode 485529846 series 2364476
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

US stocks eased overnight as investors awaited key earnings reports, with particular focus on Nvidia, whose results are crucial for market sentiment around AI. Meanwhile, long-term interest rates continued their upward march. In the retail sector, fortunes were mixed, with attention turning to Dick's Sporting Goods following a notable transaction involving Foot Locker. Adding to the geopolitical tension, President Trump has ordered chip software designers to halt sales to China, a move that could have ripple effects across the tech sector. Closer to home, the Aussie share market is expected to inch higher today, ahead of the release of key business investment data.

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.

See omnystudio.com/listener for privacy information.

  continue reading

1063 episodes

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