Morning Report 12 Nov 24: Investors shun big caps favouring the small end of the market

US investors pause to reflect on the latest run of record highs as the Dow Jones jumps 300 points, poised for its first close above 44,000. In company news, Tesla continues its post-election surge, reaching a $1 trillion market value for the first time since 2022. Meanwhile, oil prices fall on disappointing Chinese stimulus, while copper hits a seven-week low due to a stronger US dollar. Closer to home, local stocks see a flat start as ASX investors monitor retreating commodity prices and focus on a data centre float. 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.