Pre-Market Report – Friday 17 July: US markets ease - Semis sink - SPI down 15 - Gold falls
About this episode
The episode discusses the decline in US markets, particularly in technology stocks and semiconductors, following a day of solid earnings reports.
Stocks fell on Thursday as a sell-off in technology stocks overshadowed a raft of solid earnings reports. The S&P 500 lost 0.51% and ended at 7,533.77, while the Nasdaq Composite declined 1.47% to 25,881.95. The tech-heavy major averages struggled with weakness in semiconductors. The Dow Jones Industrial Average shed 105.67 points, or 0.20%, and closed at 52,552.97. Chip stocks slid after Taiwan Semiconductor posted an increase in its spending forecast, which overshadowed a better-than-ex...
More episodes of Market Updates
- End of Day Report – Tuesday 21 July: ASX 200 fights back to close up 2 - Oil down- Gold up - US Futures solid.
- Pre-Market Report – Tuesday 21 July: US markets drift lower - SPI down 34 - Oil up again - Quarterlies continue
- End of Day Report – Monday 20 July: ASX 200 drift 5 pts lower - US futures give up some gains - Kopspi drops 4.5% again - EQR soars on Twiggy stake
- Pre-Market Report – Monday 20 July: US markets slip - Iran War escalates - SPI up - Oil up - US futures flat
- End of Day Report – Friday 17 July: ASX 200 down 44 - Banks flat - Resources hit - Asain tech smacked down - Gold up - COL pulls the dog rug out.
- End of Day Report – Thursday 16 July: ASX 200 Flat - BHP quarterly - Banks rally - Resources slip - US futures flat - Korea down again.
Explore listener stats, chart rankings, contacts and more on the Market Updates podcast page.