Episode Details

Back to Episodes

Pre-Market Report – Friday 13 December US markets slip - SPI down 55 - DGT hits the Bourse

Published 1 year, 1 month ago
Description

US Stocks fell Thursday, weighed down by a hotter-than-expected U.S. inflation report, as tech shares failed to keep the momentum seen earlier in the week.

The tech-heavy Nasdaq Composite slid 0.66%, dipping back below the 20,000 threshold to end at 19,902.84. The broad market S&P 500 shed 0.54% to close at 6,051.25. The Dow Jones Industrial Average lost 234.44 points, or 0.53%, to settle at 43,914.12. It was the 30-stock index’s sixth straight losing day.

SPI down 55 points - Bid for IFL - DGT first day of school.

  • WTI down 0.45% pressured by a forecast for ample supply in the oil market by the IEA.
  • Copper fell 0.97% due to a firming USD. Nickel and aluminium found buyers, up 2.05% and 0.12%, respectively. Zinc, lead and tin are all down over 1.5% each.
  • Gold slid 1.28% on profit-taking after the yellow metal hit a five-week high.
  • Iron ore rebounded, up 1.0%, while Dalian fell 1.10% as markets wait for further clues on policy easing from a key economic meeting in China.



Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.

Ready to invest in yourself? Join the Marcus Today community.

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us