US markets faded badly into the close, whilst the Nasdaq slumped as yields rose. Elsewhere, Biden gave Powell to the people. Catch up on all the action with Henry’s Breakfast Briefing. 

• ASX SPI Futures down 12 points.
• US markets slightly mixed with late sel off. Nasdaq under pressure.
• Powell renominated as Fed Chair. Brainard Vice Chair.
• Commodities and iron ore firm.
• Gold down 2.4%.

Sign up for a free trial to get full access to expert insights and independent stock market  research.