Pre-Market Report – Wednesday 23 October: US markets stabilise | Maccas in trouble

Market Updates

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The S&P 500 ended the session lower by 0.05%, closing at 5,851.20. It was the broad market index's first back-to-back loss since early September. The 30-stock Dow slid 6.71 points, or 0.02%, ending at 42,924.89 and posting a second straight losing day. The Nasdaq Composite outperformed with a gain of 0.18% to 18,573.13.

McDonalds in Trouble with E - Coli outbreak
ASX SPI up 23 - Gold and Silver shine
COMMODITIES

Gold scales record peak as US election jitters drive safe-haven rush.
Oil rises as Middle East war rages and global supplies tighten.
Iron ore retreats as mounting concerns on weakening steel demand weigh.
Aluminium rallies on record high raw material prices.
Dam disaster deal should curb lawsuits against Vale and BHP, sources say.

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