Weekly Wrap 20 September
Listen now
Description
The Federal Reserve’s decision to lower interest rates was welcomed by Australian investors this week. Learn why the US rate cut boosted the local market and explore why the recent dip in oil prices is likely to be short-lived. In this week’s wrap, Grady covers: (0:10): how Wall St reacted to the Fed’s rate cut (1:20): the recent data signalling economic stability in the US (2:08): why the US rate cut is a positive for our local market (5:01): the most traded stocks &...
More Episodes
Wall St closed higher on Friday with the Dow hitting a fresh record as investors shift from the high growth tech sectors to areas of the market that are more economically sensitive. The Dow Jones rose 0.97% on Friday to a record 44,296.51 points, the S&P500 added 0.35% and the Nasdaq ended...
Published 11/24/24
Published 11/24/24
Wall St closed mixed overnight as investors await AI giant Nvidia’s upcoming earnings report. The Dow Jones gained 0.32%, the S&P500 closed flat and the tech heavy Nasdaq fell 0.11%.Investors are awaiting results from Nvidia whose results could hold more significance than some key economic...
Published 11/20/24