Breakfast Briefing – Fri 8 July

US stocks rallied as fed hawks downplayed recession fears. The S&P 500 (+1.5 %) and NASDAQ (+2.28%) posted their longest winning streaks since March, while the Dow finished up 1.12%. Looking to finish off the week on a positive note SPI Futures are up 49 points (+0.75%). 

Catch up on the latest with Henry’s Breakfast Briefing.

• ASX 200 SPI Futures up 49 points (0.8%)
• Dow up 347 points (1.1%)
• Nasdaq up 259 points (2.3%)
• S&P 500 up 58 (1.5%)
• Base metals rebound strongly. Miners up overseas.
• Gold up 0.2% Oil up 4%
• Iron ore up 1.7%
• US Results kick off next week.

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