Market Updates

Pre-Market Report – Tuesday 16 September: US markets push to new records | Gold up 1%

Marcus Today

Wall Street recorded a positive, quiet session, with the S&P 500 and the Nasdaq reaching intraday highs. Markets in wait and see until the Federal Reserve’s next policy meeting on September 17th. S&P 500 up 0.5%, Nasdaq up 0.9%. Dow rose throughout the first hour, then fell below its opening but recovered by the finish. Closed mid-range, up 49 points. Mixed sector performance. Growth sectors like Tech and Cyclicals led the gains, both rising 1.0% or more, boosted by Tesla and Alphabet rallies. Healthcare, Materials and Staples all showed weakness.

ASX to rise. SPI futures up 43 points (+0.49%). CSL makes a move - Gold up 1%. Uranium in focus.

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