Pre-Market Report – Monday 30 September: US markets mixed | Golden week beckons

Wall St finished the week mixed as traders overnight digested the two biggest news stories – US PCE inflation came in slightly below expectations and China unveiled further fiscal stimulus measures to reignite its struggling economy. Dow Jones up 138 points or 0.33%, NASDAQ down 0.39% and the S&P 500 down 0.13%. For the week, the Dow Jones gained 250 points, the S&P 500 rose 0.62% and the NASDAQ finished up 0.96%.ASX SPI up 24COMMODITIESIron ore logs over 10% weekly gain on China rate cuts, stimulus prospects.Oil settles higher but falls on the week on firmer supply outlook.Rate cuts set gold on track for best quarter in eight years.About 24% of oil production shut in US Gulf of Mexico due to Hurricane Helene.Mining industry struggles with valuation gap amid shift to copper.Indian steelmaker group warns of rising Chinese imports after US tariffs.Aluminium at 16-week high, driven by China's stimulus measures.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.