Marcus Today Pre-Market Podcast – Monday 7th August

US markets concluded the week with losses all round as the latest batch of corporate earnings reports and new job statistics dampened market sentiment. The Dow Jones declined by 150 points (-0.43%). At its best, the Dow was up by 291 points, while at its worst, it was down 182. The S&P 500 and the NASDAQ experienced drops of 0.53% and 0.36%, respectively. These declines were primarily influenced by a substantial 4.8% decrease in Apple's stock value, stemming from disappointing quarterly results and a pessimistic outlook.

On the European front, markets showed a general upward trend on Friday. The FTSE 100 increased by 0.49%, the DAX rose by 0.39%, the CAC40 saw a gain of 0.84%, and the STOXX 600 index rose 0.33%. However, Europe's STOXX 600 index witnessed one of its most significant weekly drops (-2.44%) since July, primarily attributed to growing concerns about the region's economic growth due to increased speculation of a challenging economic environment.

• SPI Futures are down 11 points (-0.15%).
• 10Y Bond Yields: US 4.04%, Australia 4.05%, and Germany 2.52%.

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