Morning Report 19 May 23: AI and chip stocks lead Nasdaq higher

Morning Report 19 May 23: AI and chip stocks lead Nasdaq higher

CommSec Market Update
13 min
May 18, 2023
Mark as played
Share

About the episode

Tom and Ryan look to the U.S markets this morning where tech stock leads encouraging gains. Meanwhile the Japanese Government has thrown its support behind high demand microchip production. Back home the Australian market has been slow to respond to gains in the U.S. And Ryan looks at the results from graphite producer Syrah Resources as well as the latest commodity prices.  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.