Morning Report 01 Apr 25: Wall Street stays volatile as tariff concerns persist

Wall Street bounced back from early losses, with investors positioning ahead of the month’s close. The Dow Jones led the late-session recovery, boosted by a 3% gain from Walmart. In Europe, markets struggled, with German stocks hitting their lowest levels since February and auto manufacturers led the decline ahead of Liberation Day tariffs. Commodities painted a mixed picture—oil prices rose, and gold stocks hit fresh record highs, while iron ore and copper slipped. Looking ahead, Aussie shares are set for a weaker start to April, with futures pointing to a lower open. 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.