Market Updates
A twice daily podcast from the team at Marcus Today, the stock market newsletter for investors, bringing you up to speed with the latest stock market, financial, and business news. Published just before market open and after market close (AEST), Monday to Friday.
Market Updates
Pre-Market Report – Tuesday 16 July: Trump Trade Back On - Dow Hits Record - SPI down 4 - RIO Production Numbers
July 15, 2024
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Marcus Today
Dow jumped 210.82 points, or 0.53%, to 40,211.72. The S&P 500 added 0.28% to 5,631.22. Both touched new intraday highs in the session, while the former also saw a record close. The Nasdaq Composite rose 0.4% to 18,472.57.
ASX SPI Down 4 points.
- Gold at near two-month peak as Fed rate-cut hopes lend support.
- Oil prices ease on demand concerns in China.
- Iron ore extends gains on China stimulus hopes.
- China data and inventories weigh on copper.
- Rio Tinto shuts iron ore mine in eastern Canada amid wildfires.
- Investment in critical minerals in web of doubt, industry says.
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