Market Updates

Pre-Market Report – Monday 19 January: US markets drift lower | Greenland an issue

Marcus Today

Wall St ran out of steam on Friday night. Losing an opening gain to finish flat as Trump hinted at a new, potentially more Hawkish Fed president. SP500 down 0.06% just off record highs. Volume above average before the Martin Luther King holiday tonight. Small caps outperformed yet again as mega-cap valuation concerns continue. Most FANG stocks down. Dow down 83 points. Market stalling at the ceiling. Bond yields up.

SPI futures down 1 point. ASX to open flat. Greenland and Davos in focus -Quarterlies continue

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