AM 21 May 26: Stocks rally ahead of Nvidia's results

The Australian share market is poised to open higher after US President Donald Trump's comments on Iran negotiations boosted global sentiment overnight. However, the day's direction will likely depend on how investors digest Nvidia's earnings results, which could signal demand for chips and the AI supply chain. Oil prices tumbled while base metals rallied on deal hopes, and the Aussie dollar strengthened against the US dollar. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. 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.