Dow Jones down 109 points (-0.33%). Up 117 at best, down 199 at worst. NASDAQ -0.24%. S&P 500 -0.14%.
SPI Futures down 11 points. The ASX 200 was up 0.31% (23 points) last week.
US markets rose last week with the Dow Jones up 0.38% on the week, S&P 500 up 1.65% with the NASDAQ up 3.04%, defying Powell and his Hawks last week. The ASX followed suit tracking the US markets up 0.31% supported by tech stocks with XRO outperforming closing the week out up 15.09%.
- Copper rebounded 1.11% on optimism about US debt talks and a weaker dollar on Friday.
- Gold rallied 0.89% as renewed worries about the stability of the banking sector and remarks from the US Federal Reserve chairman prompted traders to slash bets for another interest rate hike.
- Nickel +2.06%, Aluminium -0.18%, Zinc +1%, Lead 1.8%, Tin 1.6%.
- WTI crude fell 0.35% on Friday due to concerns over a potential US debt default, but still recorded a 1.7% weekly gain as the market anticipate an oil market deficit in the second half of the year.
Why not sign up for a free trial? Get access to expert insights and research and become a better investor.
Make life simple. Invest with Marcus Today.
Popular Podcasts
Fudd Around And Find Out
UConn basketball star Azzi Fudd brings her championship swag to iHeart Women’s Sports with Fudd Around and Find Out, a weekly podcast that takes fans along for the ride as Azzi spends her final year of college trying to reclaim the National Championship and prepare to be a first round WNBA draft pick. Ever wonder what it’s like to be a world-class athlete in the public spotlight while still managing schoolwork, friendships and family time? It’s time to Fudd Around and Find Out!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.