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Pre-Market Report – Tuesday 10 March: US markets stage stunning reversal - SPI up 184 - Oil drops - Trump speaking

Published 3 weeks, 1 day ago
Description

The S&P 500 made a comeback from earlier losses on Monday after President Donald Trump said the war against Iran could be reaching its end.

The broad market index rose 0.83% to close at 6,795.99, while the Dow Jones Industrial Average added 239.25 points, or 0.5%, and ended at 47,740.80. The blue-chip index is coming off its biggest weekly slide in nearly a year. The Nasdaq Composite jumped 1.38% and settled at 22,695.95. Those moves mark an impressive turnaround from the losses seen earlier in the day. The Dow was down nearly 900 points at its session low, and the S&P 500 and Nasdaq fell as much as 1.5% each.

SPI Futures up 184 points. ASX to open 2% higher. 

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