US economy expands more than expected as local ASX Santa rally hits snag

A model of a Christmas tree on a sleigh.

The ASX has ended the Christmas Eve session lower ahead of a four-day trading shutdown. Source: Getty

SBS On the Money
View Podcast Series
Download the SBS Audio appAvailable on iOS and Android

SBS Finance Editor Ricardo Gonçalves speaks with Mathan Somasundram from Deep Data Analytics about the better than expected US GDP result and what it means for interest rates, plus a look ahead to 2026 on the markets.

Listen to Australian and world news and follow trending topics with SBS News Podcasts.

Share

Latest podcast episodes

OTM - ASX, Stock Exchange (AAP).jpg
OTM - BHP (AAP).jpg
OTM-Federal Reserve (AAP).jpg
OTM - Gold.jpg

Recommended for you

Smoke drifts through a busy street as people and motorbikes move between cars under a bright sun.
Oil tanker at sea emitting dark smoke from its funnel.
A high-angle nighttime view of an airfield featuring illuminated hangars and a small private jet, with dark smoke rising from behind the hangars against a backdrop of city buildings.
People walking along a busy train platform in a large city.
An influenza H3N2 strain virus particle
A woman with long black hair, wearing a checkered blazer, is smiling.
A woman holding the Venezuelan flag up in a march
Donald Trump speaks from behind a presidential podium with his hands raised. Behind him are several US flags.

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News
facebook
X (Twitter)
instagram
youtube
tiktok
rss
Download our apps
SBS News
iOSAndroid
SBS Audio
iOSAndroid
SBS On Demand
iOSAndroid
Listen to our podcasts
SBS News Update
An overview of the day's top stories from SBS News
SBS News In Depth
Interviews and feature reports from SBS News
SBS On the Money
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
SBS News in Easy English
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.
Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch nowOn Demand
Watch the latest news videos from Australia and across the world