Market Updates

Pre-Market Report – Wednesday 20 November: US markets mixed | Nvidia in demand ahead of results

Marcus Today

 The Nasdaq popped 1.04% to finish at 18,987.47, while the S&P 500 gained 0.4% to end at 5,916.98. The Dow Jones Industrial Average dipped 120.66 points, or 0.28%, to settle at 43,268.94.

ASX SPI down 6. AMC in focus on huge merger deal. NCK warns on delays - Boss Energy, Charter Hall, Downer EDI, Mount Gibson Iron and Pacific Smiles all host AGMs.

COMMODITIES

  • Gold hits 1-week high as Russia-Ukraine tensions boost rush to safety.
  • Oil steadies as Sverdrup field restart counters geopolitical concerns.
  • Iron ore at one-week high on softer dollar, pre-holiday stocking.
  • Peru copper output edges down 1% in September.
  • Norway's Sverdrup oil output rises to two-thirds of capacity.
  • LME aluminium up as market adjusts to China's plan to end tax rebate.
  • LME lead stocks jump to highest level in 11-1/2 years after inflows.


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