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Pre-Market Report – Thursday 14 Mar: SPI Futures up 22, copper hits 11-month high
Manage episode 406296339 series 2991632
USStocks closed lower on Wednesday and struggled to continue momentum from a session earlier, with Nvidia pulling back alongside the broader technology sector.
The S&P 500 slipped 0.19% to close at 5,165.31, while the Nasdaq Composite fell 0.54% to 16,177.77. The Dow Jones Industrial Average pulled back 37.83 points, or 0.1%, to finish the session at 39,043.32.
ASX SPI FUTURES up 22
- Gold rebounds on dollar retreat as Fed still seen cutting rates.
- Uranium sinks. Lithium steady.
- Iron ore at over 6-month low on mounting fears of easing Chinese demand.
- Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks.
- US gasoline stockpiles slump more than forecast on rising demand -EIA.
- OPEC says IEA commentary on oil security encouraging.
- Ukrainian drones damage Russian oil refineries in second day of attacks.
- Copper soars to 11-month high on Chinese plans to cut output.
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1330 episode
Manage episode 406296339 series 2991632
USStocks closed lower on Wednesday and struggled to continue momentum from a session earlier, with Nvidia pulling back alongside the broader technology sector.
The S&P 500 slipped 0.19% to close at 5,165.31, while the Nasdaq Composite fell 0.54% to 16,177.77. The Dow Jones Industrial Average pulled back 37.83 points, or 0.1%, to finish the session at 39,043.32.
ASX SPI FUTURES up 22
- Gold rebounds on dollar retreat as Fed still seen cutting rates.
- Uranium sinks. Lithium steady.
- Iron ore at over 6-month low on mounting fears of easing Chinese demand.
- Oil prices up 3% to 4-month high on US crude stock drop, Russian refinery attacks.
- US gasoline stockpiles slump more than forecast on rising demand -EIA.
- OPEC says IEA commentary on oil security encouraging.
- Ukrainian drones damage Russian oil refineries in second day of attacks.
- Copper soars to 11-month high on Chinese plans to cut output.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1330 episode
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