Breakfast Briefing – Friday 26th August

Henry is heading off on holiday today, so I (Marcus Padley) will fill in for him in the Breakfast Briefing podcasts. Wall Street behaved itself overnight ahead of Jackson Hole and Jerome Powell’s speech tonight.

The Dow finished up 323 points (+1%), while the Nasdaq saw some nice gains, up 1.7%. Locally we’re still focusing on results, quiet day today, but picking up again next week as we round out results season.

SPI Futures are up nine points (+0.1%) today, looking like we’ll end the week down around 0.9%.

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