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Pre-Market Report – Wednesday 23 October: US markets stabilise | Maccas in trouble

Author
Marcus Today
Published
Tue 22 Oct 2024
Episode Link
None

The S&P 500 ended the session lower by 0.05%, closing at 5,851.20. It was the broad market index's first back-to-back loss since early September. The 30-stock Dow slid 6.71 points, or 0.02%, ending at 42,924.89 and posting a second straight losing day. The Nasdaq Composite outperformed with a gain of 0.18% to 18,573.13.

McDonalds
in Trouble with E - Coli outbreak

ASX SPI up 23 - Gold and Silver shine

COMMODITIES

  • Gold scales record peak as US election jitters drive safe-haven rush.
  • Oil rises as Middle East war rages and global supplies tighten.
  • Iron ore retreats as mounting concerns on weakening steel demand weigh.
  • Aluminium rallies on record high raw material prices.
  • Dam disaster deal should curb lawsuits against Vale and BHP, sources say.


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