Morning Report 04 Sept 24: Wall Street Starts September With Worst Day Since August 5 Global Sell-off CommSec Market Update podcast

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Morning Report 04 Sept 24: Wall Street starts September with worst day since August 5 global sell-off

13d ago 9:53

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Wall Street took a sharp downturn, experiencing significant sell-offs driven by growth concerns, reminiscent of August's market drop. Nvidia shares plunged 10%, leading chip stocks to their worst day since March 2020. The sell-off also impacted commodity prices, with oil slumping 5% amid hopes for a resolution to the Libyan dispute, and copper falling to a two-week low on concerns about Chinese demand. Meanwhile, Australian shares are expected to decline ahead of key economic growth data.

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.

See omnystudio.com/listener for privacy information.

… continue reading

724 episoder

#CommSec #Morning Report #Trading #Business

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Morning Report 04 Sept 24: Wall Street starts September with worst day since August 5 global sell-off

CommSec Market Update

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published 13d ago

Dela

MP3•Episod hem

Innehåll tillhandahållet av CommSec. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av CommSec eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Wall Street took a sharp downturn, experiencing significant sell-offs driven by growth concerns, reminiscent of August's market drop. Nvidia shares plunged 10%, leading chip stocks to their worst day since March 2020. The sell-off also impacted commodity prices, with oil slumping 5% amid hopes for a resolution to the Libyan dispute, and copper falling to a two-week low on concerns about Chinese demand. Meanwhile, Australian shares are expected to decline ahead of key economic growth data.

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.

See omnystudio.com/listener for privacy information.

… continue reading

724 episoder

#CommSec #Morning Report #Trading #Business

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