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Pre-Market Report – Wednesday 8th October - US marketst slip - Oracle and Tesla fall - SPI down 1 - Gold hits $4000

Published 3 months, 1 week ago
Description

The S&P 500 struggled on Tuesday, bogged down by a drop in Oracle shares amid investors’ worries about the profitability of the artificial intelligence rollout. Wall Street also looked for more developments out of Washington with the U.S. government shutdown in its second week.

The broad market index pulled back 0.38% to close at 6,714.59, snapping a 7-day winning streak, while the Nasdaq Composite fell 0.67% to finish at 22,788.36. The Dow Jones Industrial Average fell 91.99 points, or 0.2%, to end at 46,602.98.

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SPI down 1.

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