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Pre-Market Report – Friday 3 May: An Apple a Day Keeps the Bears at Bay
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Stocks finished higher Thursday. The Dow Jones Industrial Average added 322.37 points, or 0.85%, to close at 38,225.66. The S&P 500 gained 0.91% to settle at 5,064.20, while the Nasdaq Composite surged 1.51% to end at 15,840.96.
Apple announces largest-ever $110bn share buyback as iPhone sales drop 10%.
ASX to rise. SPI Futures up 35 points (+0.46%). MQG Results out. US Jobs tonight.
- Base metals mixed. Nickel -0.64%, Zinc +0.59%, Lead +0.09% and Tin +1.38%.
- Copper extended losses, down 1.56% on concerns that the recent 2Y high was based on speculation while physical demand remains weak in China.
- Aluminium down 1.69% on data that showed rebounding inventories.
- Gold eased 0.63%.
- Oil prices under pressure from weaker global demand and rising inventories. WTI -0.14%, and Brent Crude +0.07%.
- Currencies – AUD -0.02%, USD Index -0.34%, Euro +0.02%, and Bitcoin +2.81%.
- 10Y Bond Yields – US 4.589%, Australia 4.430%, and Germany 2.537%.
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1359 episod
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on May 17, 2024 07:20 ()
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 416101326 series 2991632
Stocks finished higher Thursday. The Dow Jones Industrial Average added 322.37 points, or 0.85%, to close at 38,225.66. The S&P 500 gained 0.91% to settle at 5,064.20, while the Nasdaq Composite surged 1.51% to end at 15,840.96.
Apple announces largest-ever $110bn share buyback as iPhone sales drop 10%.
ASX to rise. SPI Futures up 35 points (+0.46%). MQG Results out. US Jobs tonight.
- Base metals mixed. Nickel -0.64%, Zinc +0.59%, Lead +0.09% and Tin +1.38%.
- Copper extended losses, down 1.56% on concerns that the recent 2Y high was based on speculation while physical demand remains weak in China.
- Aluminium down 1.69% on data that showed rebounding inventories.
- Gold eased 0.63%.
- Oil prices under pressure from weaker global demand and rising inventories. WTI -0.14%, and Brent Crude +0.07%.
- Currencies – AUD -0.02%, USD Index -0.34%, Euro +0.02%, and Bitcoin +2.81%.
- 10Y Bond Yields – US 4.589%, Australia 4.430%, and Germany 2.537%.
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.
1359 episod
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