Stocks in the US finished slightly higher on Tuesday, as the S&P 500 and the Nasdaq added 0.1% each, while the Dow rose 140 points. Investors were digesting fresh data and assessing the health of the US economy and the future path of interest rates. The JOLTS job openings fell significantly more than forecast to 8.059m, the lowest level since February 2021, indicating a cooling labor market.

ASX to fall. SPI Futures down 4 points (-0.05%).

• Base metals lower across the board. Copper -2.24%, Nickel 2.05%, Aluminium -0.37%, Zinc -0.56%, Lead -1.86% and Tin 1.51%.
• Copper %
• Iron ore fell 2.71%, hitting near seven-week lows on signs of weakening short-term and long-term prospects from China. Dalian iron ore -1.56%.
• Gold fell 1.01% as the dollar steadied.
• WTI -1.31% and Brent Crude -1.38%.
• Currencies – AUD +0.06%, USD Index flat, Euro +0.01%, and Bitcoin +2.02%.
• 10Y Bond Yields – US 4.330%, Australia 4.232%, and Germany 2.542%.

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