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Morning Report 26 July 24: S&P 500 and NASDAQ end lower as tech comeback falters
Manage episode 430760980 series 3531694
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Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets.
US stocks experienced mixed fortunes last night as tech stocks underperformed, while the Dow Jones outperformed as stock rotation continues. Harley-Davidson reported increased profits due to strong demand for touring bikes. Closer to home, the ASX is poised to rise, supported by climbing energy prices, while the Australian dollar faces pressure from declining iron ore prices.
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