Morning Report 26 Jun 24: ASX to consolidate following yesterdays surge

US sharemarkets were mixed on Tuesday. Technology shares rose 1.8%, leading sectoral gains on the S&P 500 index. AI chip giant Nvidia jumped 6.8% after a US$430 billion sell-off and the broader chip sector outperformed with the Philadelphia Semiconductor index adding 1.8%. Cruise operator Carnival soared 8.7% after increasing its annual profit forecast. Norwegian Cruise Line and Royal Caribbean Cruises rose between 4% and 5.1%. The Dow Jones index slipped with home improvement retailer Home Depot falling 3.6%. Retail giant Walmart shed 2.2% after its CFO flagged the second quarter as the "most challenging quarter" at the NYSE 2024 European Investor Conference in London.
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[@kevingupta7091]

Good to see the report finally coming out on time.

[@docjoei2224]

So good that this report came out at a useful time of the morning. Very grateful and we hope it continues 😊

[@langleech]

Yes great to hear before 8am in WA 😊

[@unclenick1968]

Down, but still going sideways anyway?