CommSec Market Update

Morning Report 17 Dec 24: US tech stocks climb on Fed cut optimism


Listen Later

Wall Street has posted mixed results, yet chipmakers continued to surge. The NASDAQ reached a record high, driven by gains in Broadcom and Alphabet, while Nvidia entered correction territory after a significant rally. Meanwhile, Bitcoin has hit a record high, partly attributed to former President Trump's strategic reserve initiative. Bond yields remained flat ahead of the US Federal Reserve's interest rate decision. In Europe, German shares declined following Chancellor Scholz's loss in a confidence vote. Looking ahead, Australia is poised for a flat start to trading, as the ASX extended its losing streak to five consecutive days.

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

84 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

19 Listeners

The Money Puzzle by The Australian

The Money Puzzle

47 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

56 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

13 Listeners

Your Wealth by NAB

Your Wealth

6 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

25 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

8 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

9 Listeners

Investing Compass by Morningstar Australia

Investing Compass

28 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

35 Listeners

Chanticleer by Australian Financial Review

Chanticleer

13 Listeners

The Fin by Australian Financial Review

The Fin

20 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

7 Listeners