Morning Report 16 Dec 25: Wall Street subdued as investors brace for busy week of data cover art

Morning Report 16 Dec 25: Wall Street subdued as investors brace for busy week of data

Morning Report 16 Dec 25: Wall Street subdued as investors brace for busy week of data

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Wall Street was subdued as investors brace for a busy week of jobs data, with US stocks edging lower while Treasuries firmed as the Fed rate debate continued. In company news, Tesla shares pushed toward a record high for the first time this year, while ServiceNow fell as analysts weighed the merits of its Armis acquisition. In commodities, oil prices slipped as the broader supply outlook offset disruptions to Venezuelan flows, copper rose on a weaker US dollar, and gold climbed to a seven-week high. Back home, Aussie shares are expected to fall ahead of consumer confidence data.

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