Morning Report 18 Feb 26: Volatility grips Wall Street

February 17
9 mins

Episode Description

Volatility gripped Wall Street as tech stocks wavered amid renewed concerns about AI, although gains in financials helped steady the broader market. In company news, Warner Bros. reopened talks after Paramount signalled a higher bid, while in Europe, the FTSE 100 edged higher as softer jobs data bolstered rate-cut expectations. In commodities, oil prices slipped on signs of progress in US-Iran talks, while gold also fell as the US dollar strengthened. Back home, Aussie shares are poised to extend gains for a third straight session, with focus turning to upcoming wages data.

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