Morning Report 10 Nov 25: Wall Street steadies on shutdown hopes

Wall Street steadied on Friday as investors looked ahead to an end to the government shutdown, recovering from early losses on hopes Democrats and Republicans could reach a healthcare compromise. Technology stocks led the declines, capping the Nasdaq's worst week, while consumer confidence plunged and a survey of economic conditions hit an all-time low. Meanwhile, Expedia’s strong performance highlighted resilience in the travel sector. Back home, futures point to a modest gain for the ASX 200 as investors await a speech from the deputy RBA governor for further rate clues. 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.