Market Updates

Pre-Market Report – Monday 11 May: US markets push a little higher | SPI down 42

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The US markets just keep on keeping on. The S&P 500 ended up 0.84% at 7,398 and the Nasdaq gained 1.71% to 26,247, both hitting record highs. The Dow was little changed, up 12 points to 49,609. The tech sector led with the sector up 1.8%. Both the S&P 500 and Nasdaq logged their sixth straight weekly gain, with the S&P 500 now up +8% year to date and the Nasdaq up +13%.

SPI down 42 - Budget looms - CSL downgrade and impairment - OML bid.

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