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Pre-Market Report – Tuesday 23 April: Tensions Ease - Tech Rallies - Gold Falls

Published 1 year, 8 months ago
Description

The Dow Jones Industrial Average climbed 253.58 points, or 0.67%, to close at 38,239.98. The S&P 500 traded 0.87% higher to finish the session at 5,010.60, while the Nasdaq Composite advanced 1.11% to 15,451.31. Both the S&P 500 and Nasdaq ended a six-day losing streak.

ASX to rise. SPI Futures up 19 points (+0.25%).

  • Base metals mixed. Copper -0.42%, Zinc +1.40%, Aluminium +0.23%, Nickel +1.40%, and Lead +-2.28%.
  • Tin down % on profit-taking after prices touched a 22-month high.
  • Gold sharply fell 2.67% as worries over a wider Middle East conflict subsided.
  • Oil prices flat.  WTI +0.04% and Brent Crude +0.01%.
  • Currencies AUD -0.05%, USD Index -0.02%, Euro flat, and Bitcoin +2.35%.
  • 10Y Bond YieldsUS 4.611%, Australia 4.298%, and Germany 2.489%.




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