Breakfast Briefing – Thu 7 July

A volatile session in the US saw the Dow close right in the middle of its trading range for the session overnight, up 70 points (+0.23%). Markets liked the note of certainty that came from the Fed’s meeting minutes, discussing the coming 50-75bps rate hike. SPI Futures are up 35 points (+0.54%) this morning. 

Catch up on the latest market news with Henry’s Breakfast Briefing.

• ASX 200 SPI Futures up 35 points (0.5%)
• Dow up 70 points (0.2%)
• Nasdaq up 40 points (0.4%)
• S&P500 up 14 (0.4%)
• Gold falls 1.6% Oil down 2%
• Iron ore down 1%. Base metals mixed. Nickel falls 3.7%
• Mining stocks finding some support.

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