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Marcus Today Pre-Market Podcast – Tuesday 7th March

Author
Marcus Today
Published
Mon 06 Mar 2023
Episode Link
None

The Dow rose slightly Monday, as Wall Street fought to hold onto last week’s gains with a busy week ahead for traders including Jerome Powell heading to Capitaol Hill for two days of testimony.

The Dow Jones gained 40.47 points, or 0.12%, to settle at 33,431.44. The S&P 500 added 0.07% to end at 4,048.42, while the Nasdaq Composite dipped 0.11% to close at 11,675.74.

At session highs, the Dow jumped 181 points, while the Nasdaq jumped nearly 1.2%. Investors are awaiting Federal Reserve Chair Jerome Powell congressional testimony slated for Tuesday and Wednesday. 

  •  SPI Futures down 13  
  • RBA today at 2.30pm.Commodities eased across teh board. Coal down and iron ore eased after Chinese 5% target weighed.


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