Marcus Today Pre-Market Podcast – Tuesday 4th April
US equities finished mixed overnight for the first trading day of the second quarter. S&P 500 climbed higher supported by energy stocks following OPEC+ groups oil output targets. Dow closed near highs after a midday slump and Nasdaq fell on concerns about the impact the OPEC+ cut could have on inflation and the Fed’s monetary policy. Treasurys rose on news US factory activity contracted, tempering some inflation concerns fuelled by OPEC+ plan to cut oil. Dow Jones up 327 points (+0.98%). Dow up 359 at best, and down 28 at worst. S&P 500 up 0.37%. NASDAQ down 0.27%. VIX Volatility Index down 0.8%. In Europe, STOXX 50 -0.1% FTSE +0.5% CAC +0.3% DAX -0.3%. SPI Futures are up 4 points (+0.06%).
Catch up on all the latest with Henry Jennings on today’s Pre-Market Podcast.
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