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
Pre-Market Report – Tuesday 16 July: Trump Trade Back On - Dow Hits Record - SPI down 4 - RIO Production Numbers
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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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