Marcus Today Pre-Market Podcast – Wednesday 22nd February

• The Dow Jones Industrial Average dropped 697.10 points, or 2.06%, to close at 33,129.59. This was the index’s worst downturn since Dec. 15, when it fell 2.3%. The S&P 500 slid 2.00% to close 3,997.34, marking its worst day since Dec. 15, when it fell 2.5%. All sectors ended lower, with consumer discretionary stocks seeing the largest decline of 3.3%. The tech-heavy Nasdaq Composite pulled back by 2.50%, ending at 11,492.30.
• SPI Futures down 45 points.
• 10 year yields push toward 4% in US and Australia.
• Commodities mixed. Oil down 1.3% IO up 1%.

Putin makes State of Union address.
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