Morning Report 23 Jul 25: US stocks hold at record highs before Mega Cap results

Tech names underperformed last night but there was ultimately little change across the broader market.  Tariffs continued to gain attention with the US and Philippines coming to a tariff agreement and General Motors seeing a hefty decline, and earnings data has investors on tenterhooks with Alphabet and Tesla set to be examined closely.  Lockheed Martin made headlines following their earnings data, as did D.R. Horton, and Kohl’s more than doubled their share price. 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.