US stocks rally despite Nvidia sinking on CEO controversy | AM 10 Nov 26

Wall Street rallied overnight despite a sharp fall in Nvidia shares amid controversy surrounding its CEO, with another drop in oil prices helping to lift investor sentiment. The gains are set to flow through to the ASX, which is poised for a stronger open, while investors continue to weigh the outlook for AI stocks. Plus, why markets are now pricing in an Australian interest rate cut next year.

**This episode was recorded with two hours of trading to go on Wall Street**

Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers.

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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.