CommSec Market Update

Morning Report 24 Feb 25: Wall Street closes sharply lower amid mounting US economic and tariff concerns


Listen Later

Stocks ended the week lower, with Wall Street suffering its worst session of 2025 so far. US bond yields fell amid weakening economic data, while UnitedHealth declined on a Medicare billing probe. Akamai slipped on a weak outlook, but vaccine stocks jumped on reports of a new coronavirus study in China. In Europe, the Stoxx 600 neared record highs as Germany’s election took focus. In commodities, oil prices fell, gold eased from record highs on profit-taking, and copper declined on concerns over Chinese demand. Closer to home, the ASX selloff is expected to deepen ahead of the final week of earnings, while the Aussie dollar weakened on risk aversion.

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

90 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

19 Listeners

The Money Puzzle by The Australian

The Money Puzzle

51 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

9 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

26 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

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

11 Listeners

Investing Compass by Morningstar Australia

Investing Compass

27 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

32 Listeners

Chanticleer by Australian Financial Review

Chanticleer

18 Listeners

The Fin by Australian Financial Review

The Fin

19 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

5 Listeners