Morning Report 28 Feb 25: S&P 500 and NASDAQ fall, continuing February woes
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About the episode
US stocks are experiencing some volatility after Trump affirmed that tariffs will take effect sooner than previously expected. In company news, investors reacted to a mixed earnings report from Nvidia, while eBay shares tumbled on disappointing first-quarter sales. In contrast, Warner Bros. shares jumped on gains in streaming subscribers. Meanwhile, US Treasury yields rose ahead of key inflation data, strengthening the US dollar and driving gold prices down more than 1%. Closer to home, Harvey Norman remains in focus as the final day of the reporting season unfolds and Aussie shares are expected to open lower on the last trading day of February. 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.
