Marcus Today Pre-Market Podcast – Thursday 11th May
US stocks closed broadly higher overnight closing off near best levels. Nasdaq posted its highest close since August, supported by a rally at Google +4.1% as the company rolled out more AI for its core search product. April CPI data was the highlight of the day coming in largely in line with expectations, regional banks under pressure again, treasuries stronger while the USD Index slipped. Dow Jones down 30 points (-0.09%). Dow at best up 210 and at worst down 322. S&P 500 up 0.24%. NASDAQ up 1.04%. VIX Volatility Index down 7.0%. In European markets Stoxx 50 -0.4%, FTSE -0.3%, CAC -0.49%, and DAX -0.37, up 0.02%. SPI Futures are down 12 points (-0.17%).
HEADLINES
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