EPISODE · Aug 22, 2024 · 14 MIN
Pre-Market Report – Friday 23 August: US markets fall ahead of Powell | SPI Futures down 43
from Market Updates · host Marcus Today
The S&P 500 pulled back on Thursday as investors readied for a speech by Federal Reserve Chair Jerome Powell at the central bank’s annual Jackson Hole conference.S&P slipped 0.89% to close at 5,570.64. The Dow Jones ended down 177.71 points, or 0.43%, at 40,712.78. The Nasdaq shed 1.67% to close at 17,619.35 as technology stocks were sold off.ASX SPI Futures Down 43 PointsGold slips as dollar, yields rebound; Powell's speech in focus.Oil prices settle $1 up on hopes of a US Fed rate cut next month.OPEC gets updated plans from Iraq, Kazakhstan on overproduction compensation.Chile's Codelco could face $8 million fine for tailings dam violations.Aluminium steadies after hitting six-week high.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.
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The S&P 500 pulled back on Thursday as investors readied for a speech by Federal Reserve Chair Jerome Powell at the central bank’s annual Jackson Hole conference. S&P slipped 0.89% to close at 5,570.64. The Dow Jones ended down 177.71 points, or 0.43%, at 40,712.78. The Nasdaq shed 1.67% to close at 17,619.35 as technology stocks were sold off. ASX SPI Futures Down 43 Points Gold slips as dollar, yields rebound; Powell's speech in focus.Oil prices settle $1 up on hopes of a US...
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Pre-Market Report – Friday 23 August: US markets fall ahead of Powell | SPI Futures down 43
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