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Marcus Today Pre-Market Podcast – Monday 3rd April

Author
Marcus Today
Published
Sun 02 Apr 2023
Episode Link
None

Dow Jones up 415 points (+1.26%) closing near its highs. Up 432 at best. Up 43 at worst. S&P 500 up 1.36% taking it up 3.39% for the week. The NASDAQ up 1.74% taking it up 3.03% last week. The NASDAQ was up 16.8% in the last three months with the US Tech sector up 21.8%. That follows the 33% fall in the NSADAQ last calendar year.

SPI Futures up 45 this morning. The ASX 200 has had a good week rising 223 points or 3.20%. That was led by the resources sector up 6.6% with banks also recovering up 2.2%.

The core Personal Consumption Expenditures index, which excludes energy and food costs, rose 0.3% in February, less than the 0.4% expected by economists polled by Dow Jones.

For the month, the S&P 500 and Nasdaq have gained 3.51% and 6.69%, respectively. The Dow, meanwhile, advanced 1.89% to end March.

Finally, for the quarter: The S&P 500 advanced 7.03%, and the Nasdaq rallied 16.77%. The Dow inched higher by 0.38%. Bitcoin is up 72% for the quarter!

Catch up on the latest news with Henry Jennings’ Pre-Market Podcast.

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