Pre-Market Report – Thursday 24 October: US markets down again | Tesla up 10%

Both the S&P 500 and the Dow had their third straight day of losses this week.

The 30-stock Dow plunged 409.94 points, or 0.96%, ending the day’s session at 42,514.95. The S&P 500 lost 0.92%, closing at 5,797.42.

The Nasdaq Composite lost 1.6%, ending at 18,276.65.

Tesla up 10% after hours on better than expected results.

• SPI down 16 - Quarterlies and AGMs dominate

COMMODITIES

• Oil slips 1% on large build in US crude stocks; market watches Middle East.
• Gold's record rally pauses due to stronger dollar, higher yields.
• Aluminium climbs as raw material shortage triggers fund buying.
• Newmont misses profit estimates on higher costs, weaker Nevada output.
• BHP says claim it put profit over safety 'unjustified' in Brazilian dam collapse case.
• US crude stockpiles jump as imports climb, gasoline builds as refineries ramp up, EIA says.

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