Breakfast Briefing – Fri 1 Apr

News overnight that Biden ordered the release of up to 1 million barrels of oil a day for 6 months, saw oil prices fall sharply. US stocks fell in an end-of-month/quarter slump, for the first quarterly loss in two years. The Dow finished down 550 points (-1.56%). SPI Futures pointing to a 42 point loss, but we’re still on track for a positive quarter and month. Catch up on the latest news with Henry’s Breakfast Briefing.

• ASX 200 SPI Futures down 42.
• Dow closes down 550 (1.56%)
• Nasdaq down 222 (1.54%) S&P 500 down 72 (1.57%)
• Metals flat. Gold up 0.8%
• Oil slumps 4.9% on Biden's plan to release 1m barrels a day from SPR
• NFP and RBA looms.

Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.