Morning Report 11 Jun 25: ASX 200 poised to set new record high

Global markets saw a mix of optimism and caution on Tuesday. The S&P 500 rose for a third consecutive session, buoyed by renewed hopes for progress in US-China trade talks, while US small business sentiment improved for the first time this year. In Asia, Taiwan semiconductor stocks surged, driven by a strong revenue boost. Meanwhile, in the US, J.M. Smucker shares tumbled, marking their steepest drop in nearly 40 years as tariffs weighed heavily on profits. Across Europe, markets were mixed, though UK shares edged closer to record highs despite a slowdown in wage growth. Closer to home, the ASX 200 is poised to break above 8,600 points on Wednesday, setting up a potential fresh record high as local momentum continues to build. 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.