• Pre-Market Report – Wednesday 20 November: US markets mixed | Nvidia in demand ahead of results

  • Nov 19 2024
  • Length: 12 mins
  • Podcast

Pre-Market Report – Wednesday 20 November: US markets mixed | Nvidia in demand ahead of results

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  • Summary

  • The Nasdaq popped 1.04% to finish at 18,987.47, while the S&P 500 gained 0.4% to end at 5,916.98. The Dow Jones Industrial Average dipped 120.66 points, or 0.28%, to settle at 43,268.94.

    ASX SPI down 6. AMC in focus on huge merger deal. NCK warns on delays - Boss Energy, Charter Hall, Downer EDI, Mount Gibson Iron and Pacific Smiles all host AGMs.

    COMMODITIES

    • Gold hits 1-week high as Russia-Ukraine tensions boost rush to safety.
    • Oil steadies as Sverdrup field restart counters geopolitical concerns.
    • Iron ore at one-week high on softer dollar, pre-holiday stocking.
    • Peru copper output edges down 1% in September.
    • Norway's Sverdrup oil output rises to two-thirds of capacity.
    • LME aluminium up as market adjusts to China's plan to end tax rebate.
    • LME lead stocks jump to highest level in 11-1/2 years after inflows.


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