Morning Report 13 May 25: Stocks surge on US-China trade deal

CommSec Market Update

Innhold levert av CommSec. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CommSec eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

5d ago 9:54

MP3•Episoder hjem

Global equity markets surged as investors cheered the US-China trade deal, with the Dow Jones jumping over 1,100 points and the S&P 500 closing at its highest level since March 3rd. Technology stocks, particularly those with significant exposure to China, saw strong gains. Apple is poised to implement iPhone price hikes, while NRG Energy is betting on the future of gas with a $12 billion LS deal. Meanwhile, Treasury yields rose as the US-China trade agreement pushed investors away from safe havens, causing oil prices to climb to a two-week high amid tariff reductions. Gold, however, slumped nearly 3% as its appeal dimmed. Closer to home, Aussie shares are expected to open higher on Tuesday after hitting two-month highs. The Aussie dollar continues to slide against the US dollar, while investors keep a close eye on Life 360’s earnings update and upcoming sentiment surveys

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.

1044 episoder

#CommSec #Morning Report #Trading #Business