The Dow finished 130 points higher on Friday, while the S&P 500 and Nasdaq 100 lost nearly 0.3% and 0.6%, respectively, as investors worried about Fed’s larger rate hikes amid rising bond yields and inflation reports. 

SPI down 1 point.

• Goldman Sachs, Bank of America expect three more US rate hikes this year.
• Hawkish ECB comments push-up rate hike expectations
• Fed officials say more rate hikes key to reducing inflation.
• UK consumers bought more in January but overall gloom persists.
• What recession? Strong economy boys US stocks, though Fed casts shadow.
• Yields steady after hitting three month highs.

US Markets closed Monday for President's Day.

Oil hit hard down 2.2%. Gold unchanged. Nickel down 3.1%

 Monday’s reporting schedule includes: Adairs (ADH) | Altium (ALU) | Ampol (ALD) | Bendigo & Adelaide Bank (BEN) | BlueScope Steel (BSL) | Charter Hall Group (CHC) | Event (EVT) | HomeCo Daily Needs (HDN) | McGrath (MEA) | NIB Holdings (NHF) | Northern Star (NST) | NUIX (NXL) | Reliance Worldwide (RWC)

Why not sign up for a free trial? Get access to expert insights and research and become a better investor.