Pre-Market Report – Friday 24 April: US markets slip but off lows | Quarterlies continue

US stocks pulled back on Thursday, led by a drop in software and higher oil prices, as investor uncertainty toward the trajectory of the Iran war hovered over the market.The S&P 500 traded down 0.41% to close at 7,108.40, after earlier hitting a new all-time intraday high. The tech-heavy Nasdaq Composite declined 0.89% to finish at 24,438.50. It had also scored a new all-time high in the session. The Dow Jones Industrial Average lost 179.71 points, or 0.36%, to finish at 49,310.32.Shares of IBM and ServiceNow tumbled more than 8% and almost 18%, respectively, after the companies posted their latest quarterly results. While IBM beat on the top and bottom lines, the company maintained its full-year guidance, disappointing investors. For ServiceNow, the company’s subscription revenue growth was hindered by the Middle East conflict.SPI down 4 – Gold down – Oil up – PLS FMG Quarterlies.—Marcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcastJoin Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offerMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcastPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.