Commsec
Morning Report 06 Oct 25: Rate cut hopes sustain Wall Street amid government shutdown
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:10:00
- More information
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Synopsis
Wall Street ended the week on a mixed footing as the government shutdown entered its third day. Healthcare led the gains, with pharma stocks rising for a second day, while Palantir shares slumped amid renewed doubts over the company’s technology. Elsewhere, oil was in focus after OPEC announced a smaller-than-expected production increase. Back home, Aussie shares are set to open modestly higher on Monday ahead of a public holiday in some states. 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.