Pre-Market Report – Thursday 3 October: US markets muted | Oil and gold pauses
- Author
- Marcus Today
- Published
- Wed 02 Oct 2024
- Episode Link
- None
The S&P 500 added 0.01% to 5,709.54, while the Nasdaq Composite rose 0.08% to 17,925.12. The Dow Jones Industrial Average added 39.55 points, or 0.09%, to finish at 42,196.52.
ADP data released Wednesday showed better-than-expected private payroll growth in September.
ASX to inch higher. SPI Futures up 3 points (+0.04%). On the calendar today, August trade numbers out at 11:30am. AFI, PRN, MIR, and ARB all hosting AGMs. ARB trading ex-dividend today.
COMMODITIES
- US dockworker strike enters second day with talks at a standstill.
- Gold rally cools as traders eye Mideast developments, US data.
- Middle East conflict lifts oil prices despite large US crude build.
- LME monitors tightness in aluminium market after spike in spread.
- Copper climbs on hopes for more China stimulus.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
