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Marcus Today Pre-Market Podcast – Friday 8th December
Published 2 years, 1 month ago
Description
The broad S&P 500 climbed 0.80% to 4,585.59, while the blue-chip Dow added 62.95 points, or 0.17%, to 36,117.38. The Nasdaq Composite advanced 1.37% to 14,339.99 as technology stocks outperformed.
Google-parent Alphabet gained more than 5% as traders cheered the company’s launch of its Gemini artificial intelligence model. Nvidia and AMD also added more than 2% and 9%, respectively.
ASX 200 SPI Futures down 15
- Base metals mixed. Aluminium -0.47%, Zinc -0.54%, Lead -0.44% and Tin +0.18%.
- Lithium continues its downward trend, down 4.83%.
- Iron ore remains elevated, up 1.11%
- Copper halted a three-session decline, up % helped by strong Chinese export data and a weaker USD.
- Nickel up 1.48%, as Nickel stocks in warehouses registered with LME rose to 10-month highs.
- Gold flat in the run-up to US non-farm payrolls data.
- US 10Y yields fell 0.2bps to 4.119%, holding steady near three-month lows ahead of jobs report tomorrow.
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