Shares in Netflix rose 8.5% in response to earnings figures. Shares in Google parent Alphabet rose 5.3% after announcing 12,000 job cuts. But shares in Goldman Sachs fell 2.5% after the Wall Street Journal reported that the Federal Reserve was probing the company's consumer business. At the close of trade, the Dow Jones index was up by 331 points or 1.0%. The S&P 500 index lifted 1.9%. And the Nasdaq index gained 288 points or 2.7%. Over the week the Dow fell 2.7%; the S&P 500 lost 0.7%; but the Nasdaq rose by 0.6%.
Commonwealth Securities Limited ABN 60 067 254 399 AFLS 238814 (CommSec) is a wholly but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 12 12 124 AFSL: 234945 (the Bank) and a Market Participant of the ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited. Any advice contained in this broadcast is general advice only. As the information in this broadcast has not been prepared with reference to your objectives, financial or taxation situation or needs, you should, before acting on it, consider its appropriateness to your circumstances and seek appropriate professional advice. CommSec, the Bank, and their related entities do not accept any liability arising out of or in relation to reliance on the information in this broadcast. We believe that the information in this broadcast is correct as at the time of its compilation, but no warranty is made as to its accuracy, reliability or completeness. This report is under copyright to CommSec and the Bank and may not be used without their prior consent.
CommSec Podcast: Battery metals and electric vehicles
Investment Insights 25 Oct 22: Outlook for energy and base metals prices
Morning Report 3 Nov 22: US sharemarkets were volatile on Wednesday
Market Close 2 Nov 22: ASX 200 lifts for a third day
Morning Report 2 Nov 22: US sharemarkets fell on Tuesday
Market Close 1 Nov 22: ASX 200 surges by 1.65%
Month in Review Oct 2022: ASX 200 rose by 6%
Morning Report 1 Nov 22: US sharemarkets fell on Monday
Market Close 31 Oct 22: ASX 200 lifts by 1.15%
Morning Report 31 Oct 22: ASX set for a positive start
Market Close 28 Oct 22: ASX 200 snaps 4-day winning streak
Morning Report 28 Oct 22: US sharemarkets were mixed on Thursday
Market Close 27 Oct 22: ASX 200 lifts for a 4th day
Morning Report 27 Oct 22: US sharemarkets were mixed on Wednesday
Market Close 26 Oct 22: ASX 200 edges higher despite hot inflation
Morning Report 26 Oct 22: US sharemarkets advanced on Tuesday
Market Close 25 Oct 22: ASX 200 lifts for a second day
Morning Report 25 Oct 22: US sharemarkets advanced on Monday
Market Close 24 Oct 22: ASX 200 surges by 1.5%
Morning Report 24 Oct 22: US sharemarkets rose on Friday
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast