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Pre-Market Report – Tuesday 24 December - US Markets push up slightly - Tech shines - SPI up 5
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The S&P 500 gained 0.73% to 5,974.07. The tech-heavy Nasdaq Composite rose 0.98% to 19,764.89, as Tesla and Meta Platforms added more than 2% and Nvidia climbed more than 3%. The Dow Jones Industrial Average erased earlier losses and ended the day 66.69 points higher, or 0.16%, to 42,906.95.
Weak economic data seemed to sour the sentiment a bit earlier in the session. The Conference Board’s consumer confidence index for December fell to 104.7, its lowest level since September and below a Dow Jones estimate of 113.0.
Month to date, the 30-stock Dow is down 4.5% in December, while the S&P 500 is off by nearly 1%. The tech-heavy Nasdaq Composite bucked the downtrend, rising 2.8% this month.
ASX SPI up 5 - No news today.
COMMODITIES
- Lithium Americas and GM close joint venture for Thacker Pass mine.
- Oil prices ease on surplus concerns, dollar strength.
- Gold eases as US dollar, yields rise in thin holiday trading.
- Copper eases as dollar hovers near two-year high.
- Iron ore rises on expectations of Chinese pre-holiday restocking.
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1666 episódios
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on December 23, 2024 22:33 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 457190794 series 2991632
The S&P 500 gained 0.73% to 5,974.07. The tech-heavy Nasdaq Composite rose 0.98% to 19,764.89, as Tesla and Meta Platforms added more than 2% and Nvidia climbed more than 3%. The Dow Jones Industrial Average erased earlier losses and ended the day 66.69 points higher, or 0.16%, to 42,906.95.
Weak economic data seemed to sour the sentiment a bit earlier in the session. The Conference Board’s consumer confidence index for December fell to 104.7, its lowest level since September and below a Dow Jones estimate of 113.0.
Month to date, the 30-stock Dow is down 4.5% in December, while the S&P 500 is off by nearly 1%. The tech-heavy Nasdaq Composite bucked the downtrend, rising 2.8% this month.
ASX SPI up 5 - No news today.
COMMODITIES
- Lithium Americas and GM close joint venture for Thacker Pass mine.
- Oil prices ease on surplus concerns, dollar strength.
- Gold eases as US dollar, yields rise in thin holiday trading.
- Copper eases as dollar hovers near two-year high.
- Iron ore rises on expectations of Chinese pre-holiday restocking.
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.
1666 episódios
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