Morning Report 15 Oct 24: Wall Street hits all-time highs as earnings set to kick into high gear

CommSec Market Update

Technology stocks lead Wall Street higher as investors await earnings reports. In the U.S., bond markets are closed Monday for Columbus Day. Nvidia has reached new record highs, boosting chip stocks, while oil prices slumped as OPEC lowered its demand forecast. The U.S. dollar hit a nine-week high after China’s lending and trade data fell short of expectations. Closer to home, Australia’s AGM season steps up, with Telstra in the spotlight.

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