Morning Report 03 Nov 25: Nasdaq records best monthly winning streak since 2018

Wall Street closed higher on Friday, with the Nasdaq notching its best monthly winning streak since 2018. Amazon shares hit all-time highs after a strong sales forecast, while Apple slipped as CEO Tim Cook flagged supply constraints. U.S. government bond yields moved lower as the government shutdown dragged on. In Europe, equities edged lower following a mixed batch of quarterly results. In commodities, OPEC signalled a pause on production hikes until early 2026, and gold rose 4% for October. Back home, Aussie shares are expected to dip ahead of Westpac’s results. 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.