Pre-Market Report – Monday 19 January: US markets drift lower | Greenland an issue

Wall St ran out of steam on Friday night. Losing an opening gain to finish flat as Trump hinted at a new, potentially more Hawkish Fed president. SP500 down 0.06% just off record highs. Volume above average before the Martin Luther King holiday tonight. Small caps outperformed yet again as mega-cap valuation concerns continue. Most FANG stocks down. Dow down 83 points. Market stalling at the ceiling. Bond yields up.SPI futures down 1 point. ASX to open flat. Greenland and Davos in focus -Quarterlies continueWant to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you’re looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.