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Marcus Today Pre-Market Podcast – Monday 29th January

Marcus Today Pre-Market Podcast – Monday 29th January

Published 1 year, 11 months ago
Description

Stocks in the US closed mixed on Friday, as investors weighed the latest corporate results and economic data. The S&P 500 edged lower, snapping 6-day winning streak and the Nasdaq 100 lost 0.5%, while Dow Jones finished higher by 60 points.

ASX 200 SPI Futures up 14

  • Copper slips on doubts over China's stimulus measures.
  • Iron ore posts best week since November on China optimism.
  • Gold holds steady with spotlight on Fed verdict.
  • Oil edges higher, on track for weekly gain on strong economic growth.
  • OPEC+ unlikely to decide oil policy on Feb 1, will wait several weeks.
  • Chinese copper smelters propose output cuts on concentrate tightness.
  • BHP Group to review court decision on $31.53bn Fundao dam claim.



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