Marcus Today Pre-Market Podcast – Thursday 15th December

• SPI Futures down 61 points.
•  The Dow Jones Industrial Average fell 142.29 points, or 0.42%, to 33,966.35. The S&P 500 declined 0.61% to 3,995.32. The Nasdaq Composite dropped 0.76% to 11,170.89. 
•  Markets gyrated after Federal Reserve Chairman Jerome Powell signaled more data was needed before the central bank would meaningfully change its view of inflation. The Dow fell as much as 404.47 points, after climbing 287.01 points earlier in the day. 
• FOMC sees rates rise 0.5% and the Terminal Rate up to 5.1% at the end of 2023. 
• Base metals slipped. Oil pushing higher for third day.
• Iron ore down 0.5%

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