Marcus Today Market Updates

Breakfast Briefing – Wed 6 July

July 06, 2022 Marcus Today
Marcus Today Market Updates
Breakfast Briefing – Wed 6 July
Show Notes

US markets were a little mixed overnight. The Dow finished down 129 points, with tech outperforming, leading the NASDAQ to a 194-point gain. The big story from the night though, was the oil price as WTI crude fell below US$100 a barrel. SPI Futures are down 64 points as the energy sector looks to be topping out fast.

  • ASX 200 SPI Futures down 64 points (1%)
  • Dow down 126 points in volatile trade (0.4%)
  • S&P 500 up 6 points (0.2%)
  • Nasdaq up 194 points (1.8%)
  • Recession fears driving USD higher and yields lower.
  • Commodities fall. 
  • Oil falls 10%  Gold down 2.1%
  • Iron ore slightly better up 3.2%


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