Morning Report 21 Oct 24: Wall Street ends the week at new record highs

Wall Street has ended the week with new record highs, marking the sixth consecutive gain for the broader U.S. market. Earnings season is in full swing, and strong reports, such as Netflix's 11% surge to a record high after beating analyst estimates, have boosted investor confidence. Additionally, rising iPhone sales have lifted Apple shares. Meanwhile, oil prices slumped despite ongoing tensions in the Middle East. Gold reached a new record high, pulling silver prices up as well. Looking ahead, futures point to solid gains for Aussie shares on Monday. 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.