Market Updates
A twice-daily podcast from the Marcus Today team, designed for self-directed investors. Stay informed with the latest stock market, financial, and business news, published every weekday just before the market opens and after it closes (AEST).
Market Updates
Marcus Today Pre-Market Podcast – Friday 30th September
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Marcus Today
What goes up, must come down. The Dow Jones reversed yesterday's gains with a 458 point drop overnight (-1.5%), while the Nasdaq dropped 2.8%. SPI Futures are only down 22 points this morning, hoping to escape some of the damage.
- ASX 200 SPI Futures down 23 points.
- Dow reverses gains from Wednesday falling 458 points (1.5%) off low of down 686.
- Nasdaq drop 314 points (2.8%) Tesla and Apple hot hard.
- S&P 500 down 79 points (2.1) VIX back up 5.5%
- Commodities better. Nickel up 5.3% on LME moves against Russian exports.
- Oil flat. Gold flat. US yields better. 30 year mortgage rate hits 7% , first time since 2008.
- Iron ore unchanged.
- NSW Public Holiday Monday and quarter end.
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