Market Updates

Pre-Market Report – Tuesday 29 April: Flat night on Wall Street ahead of a busy week


Listen Later

Wall Street recorded a flat session on Monday ahead of various economic data and earnings releases this week. S&P 500 up 0.06%, NASDAQ down 0.1%. Dow fell throughout the day but rose in the late afternoon to finish in the green. Up 114 points (+0.28%). Mixed sector performance. Real Estate and Energy best two performers. Tech worst performer after leading gains for three consecutive days. Modest losses. Amazon (-0.7%) down as sellers plan on reducing Prime Day discounts to protect margins amid China tariffs. IBM (+1.6%) up after it pledged $150 billion US investment. Another Tech concession to Trump. Nvidia down 2.1% as rival Huawei announces new chip. Intel (+2.3%) up after it was 6.7% down the previous session. Rebound from a strong sell-off. Resources mixed. Oil down. Weakening demand fears. Nickel up +0.9%. Natural gas up 7.9% on lifted demand forecast and front-month contract’s expiration.

Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.

If you’re looking for personal financial advice, our friends at
Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.
 
 Why not
sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

...more
View all episodesView all episodes
Download on the App Store

Market UpdatesBy Marcus Today


More shows like Market Updates

View all
CommSec Market Update by CommSec

CommSec Market Update

15 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

86 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

22 Listeners

The Money Puzzle by The Australian

The Money Puzzle

45 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

15 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

65 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

30 Listeners

Money of Mine by Mineral Media

Money of Mine

22 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

4 Listeners

Podcast Archive by Marcus Today

Podcast Archive

0 Listeners

The Call from ausbiz by ausbiz

The Call from ausbiz

5 Listeners

Investing Compass by Morningstar Australia

Investing Compass

27 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

35 Listeners

On the Couch by Marcus Today

On the Couch

6 Listeners

Chanticleer by Australian Financial Review

Chanticleer

18 Listeners