Episode Details
Back to EpisodesPre-Market Report – Tuesday 13th January - US markets shrug off Powell moves - SPI up 30 - Gold hits record - Lithium kicking ahead.
Description
Stocks rallied off their session lows, with the S&P 500 and Dow Jones Industrial Average hitting new all-time highs as investors shook off the Department of Justice opening a criminal investigation into Federal Reserve Chair Jerome Powell.
The S&P 500 rose 0.16% to end at 6,977.27, while the Dow Jones Industrial Average ticked up 86.13 points, or 0.17%, and settled at 49,590.20. Both indexes touched fresh all-time intraday highs and closed at records. The Nasdaq Composite was up 0.26% and closed at 23,733.90.
The major averages rebounded off their worst levels of the session, helped by gains in Walmart and some technology stocks.
Trump announces new 25% tariffs on any country that does business with Iran SPI up 30 - Rudd resigns as US Ambassador.
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