Pre-Market Report – Thursday 28 November: US markets ease | Inflation numbers in focus

The S&P 500 shed 0.38% to 5,998.74, snapping a seven-day winning streak. The Nasdaq Composite lost 0.6% to end at 19,060.48. The Dow Jones Industrial Average slipped 138.25 points, or 0.31%, to finish at 44,722.06, reversing course after trading up more than 140 points at session highs.

• US PCE Prices +0.2% MonM as expected.
• Bonds sold off over economic concerns.
• Dell tumbles 11.35% on quarterly forecasts.
• FTC opens antitrust investigation of Microsoft.
• STOXX 600 -0.19%, FTSE 100 +0.20%, DAX -0.18%, CAC 40 -0.72%.

ASX SPI up 21 - AVJ Bid - IAG buys RACQ Insurance.

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