Market Updates

Pre-Market Report – Tuesday 22 October: US markets nervous ahead of results | Yields jump


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The Dow Jones Industrial Average fell Monday, giving back some of the strong gains from last week, as Treasury yields rose and investors awaited new earnings reports.

The S&P 500 slipped 0.18% to 5,853.98. The 30-stock Dow lost 344.31 points, or 0.8%, to close at 42,931.60 and snap a three-day run of winning sessions. The Nasdaq Composite was the outlier, rising 0.27% and ending at 18,540.01.

ASX to fall sharply. SPI Futures down 68 points (-0.81%).

COMMODITIES

  • Oil prices rise nearly 2%, recovers some of last week's 7% decline.
  • Gold pauses for breath as US yields, dollar move higher.
  • China rate cuts fuel copper's climb to one-week peak.
  • IEA sees surplus oil supply, weak China demand in 2025.
  • BHP trying to avoid responsibility over Brazilian dam collapse, UK court told.
  • Saudi Aramco CEO 'fairly bullish' on China oil demand.


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