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 – Thursday 21 November: US markets pause for Nvidia | Bitcoin hits records
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Marcus Today
US equities mixed in fairly quiet Wednesday trading, though ended near best levels.
Dow +0.32%, S&P 500 (0.00%), Nasdaq (0.11%), Russell 2000 +0.03%
- Nvidia down 1% after hours on results
ASX SPI up 11 - 30 AGMs today - MIN the most interesting
COMMODITIES
- Gold gains for third consecutive day on escalating Russia-Ukraine tensions.
- Oil settles down on strong US supply, losses capped by Ukraine escalation.
- Copper climbs in calmer markets, dollar caps gains
- Exxon Mobil signs non-binding lithium supply deal with LG Chem.
- Chile mining group SQM's net profit slips on lower lithium prices.
- Dalian iron ore rises on resilient steel demand, China stimulus hopes.
- Weak demand may prompt OPEC+ to stick with production cuts for longer than anticipated.
- US crude, gasoline inventories rise, distillates draw down, EIA says.
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