Morning Report 24 Jun 24: ASX to open lower, inflation report awaited

US sharemarkets ended little changed on Friday after Wall Street’s massive US$5.5 trillion expiration of options left stock traders cautious. The S&P 500 and Nasdaq indexes closed marginally lower, weighed down by a 3.2% decline in Nvidia shares, which dragged down the technology sector. Rival semiconductor stocks Qualcomm, Broadcom and Micron Technology were all down between 1.4% and 4.4%. McDonald’s shares rose 2.2%, boosting the Dow Jones index, after broker UBS said the restaurant chain is well positioned to improve its sales trajectory in the back half of the year following the launch of its US$5 meal deal.
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[@anubhavgrewal]

Should I hold Australian vintage Ltd shares or sell it? It has suffered a lot lately

[@SterryCan]

Why did ResMed take a dive of over 12% this morning?

[@89jcrow]

Google?

[@unclenick1968]

No Bubble burst yet, still going sideways?

[@LawpickingLocksmith]

nah, poss a blue balloon for the Greek analyst but that is competition.

[@Jung1981giggles]

My Donald’s is suprising there food is awful and always cold , well it is here in Australia anyway , maybe overseas there held yo some sort of standard

[@unclenick1968]

Spanian was just in Texas, he says Maccas are same all over the world. There may subtle cultural differences in the menu, but a Big Mac and Fries looks the same, taste the same, served the same way.