Morning Report 12 Jan 26: S&P 500 ends Friday at another record close

US shares finished the first week of the year higher, led by gains in materials and chipmaker stocks, while US Treasuries ended mixed following the latest jobs data. Elsewhere, European markets closed at record highs after Glencore surged on takeover interest from Rio Tinto. In commodities, oil prices rose as traders assessed potential supply risks from Iran and Russia, while gold prices advanced following a softer-than-expected US payrolls report and ongoing geopolitical uncertainty. Back home, Aussie shares are set to open higher as investors look ahead to the Black Friday spending test. 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.