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Pre-Market Report – Monday 25 Mar: Quiet start to the week, SPI up 7

Published 1 year, 9 months ago
Description

The Dow dipped 305.47 points, or 0.77%, to close at 39,475.90. The S&P 500 inched lower by 0.14% to end at 5,234.18. The Nasdaq Composite added 0.16% and closed at 16,428.82 for another record.

The Dow was up just shy of 2% for its best week since December. The Nasdaq is the outperformer of the three, jumping nearly 2.9%.

ASX SPI Futures up 7

  • Base metals broadly lower, Nickel -2.11%, Aluminium +0.24%, Zinc -1.62%, Lead -1.59%, and Tin -0.68%.
  • Copper prices pulled back 1.07% on profit-taking ahead of the weekend.
  • Gold eased 0.73% as the dollar strengthened.
  • 10Y Bond YieldsUS 4.200%, Australia 4.040%, and Germany 2.320%.
  • Currencies - Aussie dollar -0.84% to 65.14, USD Index +0.97%, Euro -0.37%, and Bitcoin -2.69%.


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