Pre-Market Report – Monday 11 Mar: Famous five to fab four - pause and breathe

The S&P 500 lost 0.65% to 5,123.69, while the Nasdaq Composite slipped 1.16% to 16,085.11. Both swung into negative territory after rising to new all-time highs earlier in the session. The Dow Jones Industrial Average relinquished 68.66 points, or 0.18%, to end at 38,722.69.

ASX SPI Futures fell 47 points.

• Oil dips 1% on way to weekly loss as markets weigh Chinese demand.
• China's coal industry doesn't expect imports to rise this year.
• Copper production by Chile's Codelco slides, others climb in January.
• Gold marches higher as US jobs data boosts bets of an early rate cut.
• Iron ore retreats as lower demand and higher inventories weigh.
• Copper retreats from five-week high after US data.
• Public holiday in Victoria today (stock market open).

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