Breakfast Briefing - Tue 21 Dec

US markets lost ground again overnight, with the S&P 500 suffering its worst three-session slide since September. It’s not all bad news though; SPI Futures are up six points, iron ore jumped 4%, and Henry is here to keep you entertained and informed with his Breakfast Briefing.

Dow down 433 points (-1.23%) although it closed near the session high; at worst down 700, at best down 143. S&P 500 -1.14% - third consecutive decline and biggest three-session selloff since September. NASDAQ -1.24%.

Renewed concerns about the spread of Omicron and the potential impacts on the global economy were the catalysts for the selloff. Lockdowns in Europe weighed, amid the reality that restrictions/lockdowns may become more widespread.

• ASX SPI Futures up 6 points.
• US markets fall again but off lows.
• Dow down 433 Nasdaq down 189 points.
• Commodities ease - oil down 2.7% 
• Iron ore up 4.2%

MT Christmas Advent Sale! This works like an advent calendar – we’ll be revealing a new sale offer for you every other day until Christmas and you have two days to redeem each offer. Once it’s gone, it’s gone forever!

Find out what is on offer today.