Pre-Market Report – Wednesday 13 Mar: US CPI fails to disrupt the bulls

Marcus Today Market Updates

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2M ago 15:42

MP3•Головна епізоду

The Dow Jones Industrial Average gained 235.83 points, or 0.61%, to close at 39,005.49. The S&P 500 ticked up 1.12% to finish the session at 5,175.27, surpassing the previous record high close from March 7. The Nasdaq Composite advanced 1.54% to 16,265.64.
ASX SPI Futures up 14. Could see more today.

Base metals mixed, Copper flat, Nickel +1.82%, Zinc -0.35%, Lead +0.78%, and Tin -0.63%.
Aluminium is up 0.67%, nearing a six-week high on positive demand forecasts.
Gold fell 1.10%, coming under pressure after US CPI results dimmed prospects of imminent rate cuts. Uranium falls again and Lithium rises.
Oil prices settled lower following higher-than-expected forecasts for US crude oil production, WTI -0.46% and Brent Crude down 0.16%.
Currencies - Aussie dollar -0.12%, USD Index flat, Euro -0.13%, and Bitcoin -1.63%.
10Y Bond Yields – US 4.153%, Australia 4.013%, and Germany 2.326%.

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