Morning Report 16 July 24: Wall Street closes at record highs on Trump trade

Wall Street ends higher as investors firm bets on Trump win. European luxury names slump on a weak outlook, while Apple shares hit a record on an optimistic outlook. Meanwhile, the ASX 200 is set to slip ahead of Rio Tinto results, and Aussie miners are under pressure from weak Chinese growth. 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.