Marcus Today Pre-Market Podcast – Thursday 8th February

S&P 500 hits record high with earnings, rate outlook in spotlight. The Nasdaq Composite jumped 0.95% to settle at 15,756.64, while the Dow Jones Industrial Average rallied 156 points, or 0.4%, to close at 38,677.36 and an all-time high.

Disney beats estimates up 7% after hours.

ASX SPI Futures up a mere 3 points.

• Oil climbs on US fuel stocks draw, geopolitical tensions.
• Gold flat as traders await more Fed cues; palladium hits 5-yr low..
• Nippon Steel says on track to close US Steel deal by Sept.
• China's CMOC eyes further growth in Congo and beyond after taking cobalt crown.
• US crude stocks rise as oil refiners take in less oil – EIA.
• Copper falls to 3-week low on demand uncertainty.

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