Breakfast Briefing – Wed 2 Mar
- Author
- Marcus Today
- Published
- Tue 01 Mar 2022
- Episode Link
- None
US stocks drop as energy prices soar, with oil nearing US$105 and European gas surging 23%. Western firms continue to pull out of Russia as more sanctions are introduced. The Dow Jones finished down 598 points (-1.76%) with energy the only sector in positive territory. SPI Futures are pointing to a soft open down 49 points (-0.7%). Catch up on the latest stories with Henry’s Breakfast Briefing.
- ASX200 SPI FUTURES down 49 points.
- Dow falls 598 points 1.8%
- Nasdaq dwon 219 points 1.6%
- Commodities soar. Oil up to US$105. Gold rallies to US$1955.
- Base metals and soft commodities up aggressively.
- GDP numbers today. 3.7% Q4 estimates.
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