Morning Report 24 Mar 25: Wall Street snaps four-week losing streak

Wall Street ended the week with modest gains, as the Dow Jones notched its biggest weekly advance in two months. Tech stocks led Friday’s climb, adding momentum to the broader market. Meanwhile, FedEx shares slumped after the company cut its full-year forecast, while Nike fell as tariffs weighed on revenue. In commodities, oil prices firmed for a second straight week, gold eased back from record highs, and iron ore slipped on concerns over Chinese demand. Looking ahead, Aussie shares are expected to open lower on Monday. 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.