Market Updates

Pre-Market Report – Wednesday 18 September: US markets in wait and see mode

The Dow Jones Industrial Average inched down 15.9 points, or 0.04%, to close at 41,606.18. The 30-stock index also hit a fresh record during the session. The S&P 500 was unchanged. The Nasdaq Composite advanced 0.2% and ended at 17,628.06.

The energy sector outperformed the S&P 500 on Tuesday afternoon. Energy advanced 1.3%, with gains led by Halliburton and Devon Energy up 3.2% and 2.1%, respectively.

The latest retail sales data indicated solid consumer health. Retail sales rose 0.1% in August versus economists' estimates for a 0.2% decline.

SPI down 39 points.

  • Commodities slip slightly.
  • Oil up 1.2%. Gold off 0.5%.


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