Breakfast Briefing – Fri 20 May

US stocks fell overnight the Dow finished down 0.75% with the NASDAQ and S&P 500 also finishing lower. The narrative was unchanged, Chinese economy, inflation, and stagflation concerns all weighing on markets. The ASX 200 is set for a slight loss to finish the week, SPI Futures are down nine points. 

Get up to speed with Henry’s Breakfast Briefing. 

• ASX 200 SPI Futures down 9
• Dow Jones down 237 points (0.8%)
• Nasdaq down 30 points (0.3%) S&P500 down 23 (0.6%)
• Base metals very strong. Oil up 2.4%
• Gold up 1.4% Iron ore up 0.8% 

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