Pre-Market Report – Wednesday 10 June: US markets volatile and mixed - Oil falls - Gold falls - SPI up 13
About this episode
The episode discusses the volatility in US markets, particularly focusing on the decline in semiconductor stocks and the impact of oil prices.
The S&P 500 and Nasdaq closed 0.25% and 1% lower respectively on Tuesday despite a retreat in oil prices, as the recent rebound in semiconductor shares lost steam. Semiconductor stocks came under renewed pressure, with the iShares Semiconductor ETF dropping more than 3% after rallying 6% on Monday. The fund had plunged 10% on Friday, its worst single-day decline in six years, as investors worried that the AI-fueled surge in chip stocks had become overheated. Micron Technology fell nearly ...
People in this episode
Host: Marcus Today
Topics covered
- US markets
- volatility
- oil prices
- semiconductor stocks
- investment trends
Keywords
- S&P 500
- Nasdaq
- semiconductor
- oil prices
- Micron Technology
- investment
Mentioned in this episode
Organizations: S&P 500, Nasdaq, iShares Semiconductor ETF, Micron Technology
More episodes of Market Updates
- End of Day Report – Friday 12 June: ASX up 2%. Best session since April -
- Pre-Market Report – Friday 12 June: US markets jump on peace deal (?) - Oil slumps - SPI up 146 - Yields drop
- End of Day Report – Thursday 11 June: ASX 200 stages come back - Down only 20 - Resources stabilise - Banks smacked - CSL better - ECB and SpaceX
- Pre-Market Report – Thursday 11 June: US Markets stumble again - Missiles fly - SPI down 65 - Resources to get hit again - Gold down - Oil up
- End of Day Report – Wednesday 10 June: ASX 200 closes up 49 in volatile day - Industrials, healthcare and defensives push higher - Gold miners tumble - Lithium depressed
- End of Day Report – Tuesday 9 June: ASX 200 rallies back hard to close down 21 - Healthcare - Industrials - REITs all better - Resources suffer - US Futures positive.
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