Morning Report 01 Oct 25: Stocks end strong quarter with moderate gains

 Join Tom and Ryan as they discuss the week ahead in Aussie and global markets. US markets closed the quarter with modest gains despite concerns over a looming government shutdown. The S&P 500 recorded its biggest third-quarter advance since 2020, while the Nasdaq notched its strongest September quarter since 2012. The Dow Jones also closed at a record high, shrugging off political uncertainty, as US treasuries finished mixed. In economic data, weak hiring highlighted ongoing stagnation in the US labour market, while gold hovered near record highs. Back home, Australian home prices rose at their fastest pace in a year, though local shares are expected to open lower on Wednesday. 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.