Pre-Market Report – Thursday 22 August: SPI Futures up 28 | Super Thursday results episode artwork

EPISODE · Aug 21, 2024 · 14 MIN

Pre-Market Report – Thursday 22 August: SPI Futures up 28 | Super Thursday results

from Market Updates · host Marcus Today

The Nasdaq Composite climbed 0.57% to 17,918.99, also clinching its ninth positive day of 10. The Dow Jones Industrial Average ticked up by 55.52 points, or 0.14%, to finish at 40,890.49 for its sixth winning day of the last seven.  The Russell 2000 outperformed, with the small cap-focused index climbing more than 1%.FOMC minutes suggested a rate cut was growing more likely for September.The revision of total payrolls following the Labor Department’s updated data released Wednesday morning comes out to a decline of 0.5%. That marks the largest downward revision since 2009.ASX SPI up 28Oil settles $1 down after US job data revised significantly lower.Aluminium rally pauses on profit-taking, technical resistance.Gold prices hover near record high post US Fed minutes.Iron ore climbs to one-week high as property measures revive demand outlook.Chile's SQM posts 63% profit slump, expects weak lithium prices in near term.Copper giant Codelco invests in EVs, cacti as part of green makeover.EIA reports bigger-than-expected inventory crude draw.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 Nasdaq Composite climbed 0.57% to 17,918.99, also clinching its ninth positive day of 10. The Dow Jones Industrial Average ticked up by 55.52 points, or 0.14%, to finish at 40,890.49 for its sixth winning day of the last seven. The Russell 2000 outperformed, with the small cap-focused index climbing more than 1%. FOMC minutes suggested a rate cut was growing more likely for September. The revision of total payrolls following the Labor Department’s updated data released Wednesday m...

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Pre-Market Report – Thursday 22 August: SPI Futures up 28 | Super Thursday results

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