Episode Details
Back to EpisodesPre-Market Report – Friday 13 December US markets slip - SPI down 55 - DGT hits the Bourse
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.
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