CommSec Market Update

Morning Report 11 Nov 24: Wall Street ends momentous week by setting new record highs


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Wall Street ends the week with a fresh set of record highs as U.S. stocks rise for the fourth consecutive day. Markets posted their best weekly gains in a year, with the S&P 500 marking its 50th record high for 2024. Meanwhile, futures indicate a decline for the ASX 200 as China’s stimulus efforts leave investors unimpressed and a busy week awaits in Australia, with key wage and employment figures set for release.

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