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Pre-Market Report – Monday 2 September: US markets push higher | SPI down 18

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Content provided by Marcus Today. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marcus Today or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

The S&P 500 ended the final session of the week higher with a late spike. The latest batch of data pointed to an ever-resilient US consumer, potentially slowing the pace of rate cuts. Dow +0.6%; S&P +1% Nasdaq +1.1%.
The benchmark S&P 500 finished August with a 2.3% gain for the month. It’s now up 18.4% so far this year and is within 0.4% of the all-time high it set in July.
ASX SPI Down 18

  • BHP moves ahead with expansion of South Australia's Olympic Dam copper refinery.
  • Oil settles $1 down as supply set to rise, uncertainty around Fed rate cuts.
  • OPEC+ likely to proceed with planned output hike from October, sources say.
  • Gold drops as dollar, yields firm after US inflation report.
  • Copper steadies on China hopes, firm dollar weighs.

Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.

  continue reading

1594 episoade

Artwork
iconDistribuie
 
Manage episode 437546605 series 2991632
Content provided by Marcus Today. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marcus Today or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

The S&P 500 ended the final session of the week higher with a late spike. The latest batch of data pointed to an ever-resilient US consumer, potentially slowing the pace of rate cuts. Dow +0.6%; S&P +1% Nasdaq +1.1%.
The benchmark S&P 500 finished August with a 2.3% gain for the month. It’s now up 18.4% so far this year and is within 0.4% of the all-time high it set in July.
ASX SPI Down 18

  • BHP moves ahead with expansion of South Australia's Olympic Dam copper refinery.
  • Oil settles $1 down as supply set to rise, uncertainty around Fed rate cuts.
  • OPEC+ likely to proceed with planned output hike from October, sources say.
  • Gold drops as dollar, yields firm after US inflation report.
  • Copper steadies on China hopes, firm dollar weighs.

Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.

  continue reading

1594 episoade

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