Pre-Market Report – Thursday 16 July: US markets gain - Mag & stocks do well - Apple hits record - SPI up 13 - Oil steady - BHP Quarterly - PPT bid revealed.
About this episode
The episode discusses the recent gains in US markets, particularly in technology stocks, amidst cooling inflation data.
The S&P 500 rose on Wednesday, with major technology stocks advancing, as traders digested more data showing inflation is cooling. The broad market index finished up 0.38% at 7,572.40, while the Nasdaq Composite climbed 0.62% to settle at 26,269.23. The Dow Jones Industrial Average added 150.37 points, or 0.29%, to end at 52,658.64. Investors appeared to be paring exposure to key semiconductor stocks and moving into shares of certain Big Tech names. Notably, Amazon and Alphabet moved up a...
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.
- Pre-Market Report – Friday 17 July: US markets ease - Semis sink - SPI down 15 - Gold falls
Explore listener stats, chart rankings, contacts and more on the Market Updates podcast page.