Market Updates
A twice-daily podcast from the Marcus Today team, designed for self-directed investors. Stay informed with the latest stock market, financial, and business news, published every weekday just before the market opens and after it closes (AEST).
Market Updates
Marcus Today Pre-Market Podcast – Wednesday 28th September
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Marcus Today
The Dow Jones was all over the place last night in a volatile session, closing down 126 points (-0.4%). The S&P 500 fell again last night, now to its lowest level since November. SPI Futures are indicating a 35-point loss this morning, wiping off the gains we saw yesterday.
- ASX SPI Futures down 35 points.
- US markets mixed as early gains evaporate
- Dow down 126 points at the close (0.4%) Dow down 21% from high.
- NASDAQ up 27 points (0.3%) Down 33% from its all time high.
- S&P 500 down 8 points (0.2%) - Down 24% from record in January.
- Fed chiefs talking mixed messages. Yields push back towards 4% in 10 years.
- Commodities mixed. Oil up 2.4% in Brent. Nord Stream sabotage in Europe.
- Copper down 0.2% Nickel down 2.7%
- BHP and RIO better in ADRs
- September quarter end beckons
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