Morning Report 18 Mar 25: Wall Street recovers for the second day in a row

Wall Street continued its recovery as the Dow Jones surged 500 points, and all S&P 500 sectors traded higher. However, a pullback in services weighed on the retail spending rebound, adding some uncertainty to the market’s momentum. Meanwhile, Nvidia investors are looking to the CEO’s upcoming speech to sustain the stock’s recent rebound. In commodities, copper reached a five-month high amid renewed Chinese stimulus measures, while oil prices edged higher amid optimism for China’s economic outlook. Looking ahead, markets are focused on the upcoming FOMC meeting, and Aussie shares are expected to rise on Tuesday, with the Aussie dollar gaining as the greenback weakens.

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