CommSec Market Update

Morning Report 11 Dec 24: Stocks waver as traders map out game plan for CPI


Listen Later

US markets remain stable as investors await key CPI figures, while Google makes headlines by claiming a significant quantum computing milestone. In contrast, Oracle shares are experiencing their worst trading day of the year following an earnings miss. Walgreens shares surged on reports that Sycamore Partners, a private equity firm, is exploring a potential acquisition of the pharmacy chain. Across the Atlantic, European markets ended an eight-day winning streak, weighed down by rising economic concerns. Meanwhile, China reported a slowdown in November export growth, signalling potential headwinds for the global economy. Looking ahead, Aussie shares are expected to decline, pressured by falling iron ore prices and a weakening Aussie dollar amid the Reserve Bank of Australia’s dovish outlook.

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.

...more
View all episodesView all episodes
Download on the App Store

CommSec Market UpdateBy CommSec

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings


More shows like CommSec Market Update

View all
Motley Fool Money by LiSTNR

Motley Fool Money

92 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

15 Listeners

The Money Puzzle, with James Kirby by The Australian

The Money Puzzle, with James Kirby

45 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

64 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

12 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

19 Listeners

Australian Finance Podcast by Rask

Australian Finance Podcast

29 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

3 Listeners

The Call from ausbiz by ausbiz

The Call from ausbiz

7 Listeners

Investing Compass by Morningstar Australia

Investing Compass

26 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

35 Listeners

Chanticleer by Australian Financial Review

Chanticleer

20 Listeners

The Fin by Australian Financial Review

The Fin

18 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

5 Listeners