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Pre-Market Report – Wednesday 13 November: US markets take a pause | Yields jump

Published 1 year, 2 months ago
Description

The Dow Jones Industrial Average pulled back 382.15 points, or 0.86%, to 43,910.98, while the S&P 500 dropped 0.29% to close at 5,983.99. The Nasdaq Composite ended the session marginally lower, falling 0.09% to 19,281.40. Both the tech-heavy Nasdaq and the S&P 500 snapped five-day win streaks.

ASX SPI Down 81 - CBA comes in at 1Q $2.5bn in line.

COMMODITIES

  • US oil industry urges Trump to ditch Biden climate policies.
  • Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises.
  • Copper slides to two-month low on disquiet over Trump and China.
  • OPEC again cuts 2024, 2025 oil demand growth forecasts.


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