Morning Report 13 Nov 24: Stocks fall for the first time since US election
Description
Wall Street sees some modest declines following a series of record highs. The US dollar hits a two-year high, while US bond yields ratchet higher ahead of influential US inflation data. Meanwhile, Bitcoin eases from record highs, with Trump vowing to make the US the 'crypto capital'. In Europe, concerns over China weigh on shares, with markets posting their worst session in three months. Locally, the ASX is expected to slip as copper falls to a two-month low, and Ryan previews wage data and CBA earnings results.
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