Morning Report 30 Jul 25: S&P 500 snaps six-day winning streak as bonds climb

Wall Street snapped a six-day winning streak overnight, as investors turned cautious ahead of the highly anticipated Federal Reserve meeting. Industrials led the declines on the S&P 500, with UPS plunging after a disappointing earnings miss. The Dow Jones was weighed down by UnitedHealth, which slumped following a downbeat outlook, while Whirlpool shares tumbled amid delays to expected tariff relief. Back home, Aussie shares are set to fall on Wednesday, with attention turning to the release of quarterly inflation data. The Aussie dollar also slipped, as the US dollar climbed to a one-month high. 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.