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Morning Report 24 Sep 24: S&P 500 and Dow Jones Index hit fresh closing record highs
Manage episode 441486423 series 3531694
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Wall Street consolidates last week's gains with Fed officials leaving the door open to further rate cuts. Intel shares rose on speculation of a Qualcomm takeover, while ASX lithium stocks will be in focus today following Albemarle's 3% gain. Hopes for China stimulus increase after the PBOC cut rates. Oil prices tumbled on weaker manufacturing data, while gold hit another record high. Meanwhile, a flat start is expected in Australia on Tuesday ahead of the RBA's interest rate decision
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