Morning Report 29 Apr 25: Wall Street mixed as investors brace for key earnings numbers
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About the episode
US stocks ended mixed overnight as investors look ahead to a busy week of company earnings. Interest rates eased as markets anticipated key inflation and growth figures due later in the week. Tech giant Nvidia slipped more than 2% after reports that Huawei is preparing to launch a competing chip. In Europe, stocks closed higher, led by gains in healthcare and banking sectors. Meanwhile, the US dollar moderated, although commodities generally weakened, with oil sliding 1.5% amid concerns over global growth and supply risks. Closer to home, the Aussie share market is set to open modestly higher on Tuesday, while the Aussie dollar firmed against a softer Greenback. 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.
