Episode Details
Back to EpisodesPre-Market Report – Tuesday 22 October - US markets nervous ahead of results - Yields jump - SPI drops 68
Published 1 year, 2 months ago
Description
The Dow Jones Industrial Average fell Monday, giving back some of the strong gains from last week, as Treasury yields rose and investors awaited new earnings reports.
The S&P 500 slipped 0.18% to 5,853.98. The 30-stock Dow lost 344.31 points, or 0.8%, to close at 42,931.60 and snap a three-day run of winning sessions. The Nasdaq Composite was the outlier, rising 0.27% and ending at 18,540.01.
ASX to fall sharply. SPI Futures down 68 points (-0.81%).
COMMODITIES
- Oil prices rise nearly 2%, recovers some of last week's 7% decline.
- Gold pauses for breath as US yields, dollar move higher.
- China rate cuts fuel copper's climb to one-week peak.
- IEA sees surplus oil supply, weak China demand in 2025.
- BHP trying to avoid responsibility over Brazilian dam collapse, UK court told.
- Saudi Aramco CEO 'fairly bullish' on China oil demand.
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