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Morning Report 20 Sep 24: Dow Jones and S&P 500 hit record highs on euphoria over Fed rate cut

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Konten disediakan oleh CommSec. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh CommSec atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

Wall Street celebrates as stocks surge, with the S&P 500 notching its 39th record in 2024 and the Dow Jones reaching 42,000 points for the first time. U.S. jobless claims have fallen to their lowest level since May, signalling a strong labour market. In Europe, the Bank of England has held interest rates steady. In commodities, copper, oil, gold, and iron ore all rose, with iron ore boosted by hopes for a China stimulus. Locally, Australian shares are on track to hit a fourth record high.
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.

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797 episode

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Manage episode 440781225 series 2978934
Konten disediakan oleh CommSec. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh CommSec atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

Wall Street celebrates as stocks surge, with the S&P 500 notching its 39th record in 2024 and the Dow Jones reaching 42,000 points for the first time. U.S. jobless claims have fallen to their lowest level since May, signalling a strong labour market. In Europe, the Bank of England has held interest rates steady. In commodities, copper, oil, gold, and iron ore all rose, with iron ore boosted by hopes for a China stimulus. Locally, Australian shares are on track to hit a fourth record high.
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

797 episode

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