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 – Monday 20 January: US markets firm ahead of inauguration | Bitcoin hits $106k
The Dow Jones Industrial Average added 334.70 points, or 0.78%, to end at 43,487.83. The S&P 500 gained 1% to 5,996.66, and the Nasdaq Composite advanced 1.51% to 19,630.20. Big tech stocks were higher on the day, with shares of Tesla popping 3%. Nvidia jumped 3.1%, while Alphabet shares added more than 1%.
For the week, the Dow and S&P 500 advanced 3.7% and 2.9%, respectively.
ASX SPI up 28 - US Markets closed tonight.
COMMODITIES
- Oil set for fourth week of gains on US sanctions.
- Iron ore heads for weekly gains on better China data, resilient demand.
- Gold eyes third weekly gain as markets look to Trump inauguration.
- Aluminium rises on strong Chinese data.
- Rio Tinto to form new lithium unit after Arcadium buy.
- Biden boosts loan for Ioneer's Nevada lithium mine to nearly $1bn.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.