Sign up for free to listen for longer

Get unlimited radio, access to exclusive and original podcasts and non-stop music stations.

Control the way you listen to your favourite music, podcasts and radio.

Already have an account?

Log in

Sign up for free to listen for longer

Get unlimited radio, access to exclusive and original podcasts and non-stop music stations.

Control the way you listen to your favourite music, podcasts and radio.

Already have an account?

Log in

Morning Report 05 Jun 25: Growth concerns weigh on US stocks

Morning Report 05 Jun 25: Growth concerns weigh on US stocks

CommSec Market Update
9 min
Wednesday
Mark as played
Share

About the episode

US stocks struggled to advance as fresh data pointed to a slowing economy, with sentiment dented by a soft US jobs report that snapped the Dow Jones’ four-day winning streak. Interest rates fell as investors bet on potential Fed rate cuts, fueling a surge in home builder stocks. Meanwhile, DollarTree has warned of a looming profit hit tied to possible Trump tariffs, while Tesla shares declined after weak sales data in Germany and China. In Europe, markets ended higher, with German stocks boosted by a newly announced tax relief package. Closer to home, Aussie shares are expected to open flat, hovering just shy of record highs. 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.