Pre-Market Report – Tuesday 11 August:  US markets drift lower - Oil jumps - Gold better - SPI down 3 - 360 smashed - SGH Results - RBA episode artwork

EPISODE · Aug 10, 2026 · 13 MIN

Pre-Market Report – Tuesday 11 August: US markets drift lower - Oil jumps - Gold better - SPI down 3 - 360 smashed - SGH Results - RBA

from Market Updates · host Marcus Today

The S&P 500 lost 0.1%, the Nasdaq retreated 0.3%, and the Dow shed 61 points on Monday as markets assessed the outlook for interest rates this year amid growing doubts that a lasting resolution to the conflict with Iran is near. A rally in oil prices pushed bond yields higher on concerns over energy-driven inflation. Higher energy costs raised fears that the Fed may need to raise rates this year despite a cooling labor market. Credit-sensitive stocks were mixed, with financials mostly lower. Visa shed 0.3%, Amex lost 0.6%, and Morgan Stanley fell 0.5%. Chipmakers tumbled, with Nvidia down 2.9% amid reports that Wall Street giants are working with the company on a $500 billion AI funding package. Intel fell 4.1% as it prepares to offer $15 billion in stock. Apple also declined 1.5% after Jefferies downgraded the stock to underperform. Meanwhile, hyperscalers mostly gained after brokers signaled strong demand for cloud services, with Microsoft up 1.2% and SpaceX advancing 4.2%.Oil jumps - Gold up - SGH results - SPI down 3 - 360 smashed - RBA at 2.30pmMarcus Today – Daily Market Insights Marcus 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-podcast Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer MT20 – 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-podcast Principles – 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. 

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The S&P 500 lost 0.1%, the Nasdaq retreated 0.3%, and the Dow shed 61 points on Monday as markets assessed the outlook for interest rates this year amid growing doubts that a lasting resolution to the conflict with Iran is near. A rally in oil prices pushed bond yields higher on concerns over energy-driven inflation. Higher energy costs raised fears that the Fed may need to raise rates this year despite a cooling labor market. Credit-sensitive stocks were mixed, with financials mostly low...

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Pre-Market Report – Tuesday 11 August: US markets drift lower - Oil jumps - Gold better - SPI down 3 - 360 smashed - SGH Results - RBA

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