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Breakfast Briefing – Wed 29 June
Manage episode 332872549 series 2991632
Big tech stocks took a tumble as US markets saw their second consecutive losing session overnight. The catalyst was weak economic data which fueled more fears of a recession. The Dow fell 491 points (-1.56%), giving up some early gains. SPI Futures are pointing to an 84 point loss today (-1.26%).
Get up to speed with Henry’s Breakfast Briefing.
- ASX 200 SPI Futures down 84 points (1.3%)
- Dow finishes volatile day down 491 points (1.6%)
- Nasdaq falls 343 points (3.0%)
- S&P 500 down 70 (2.0%)
- US consumer sentiment falls to levels not seen since Feb 2021.
- Base metals flat. Oil better again as China opens up slightly.
- Iron ore slightly higher.
- Retail sales today.
Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.
1294 jaksoa
Manage episode 332872549 series 2991632
Big tech stocks took a tumble as US markets saw their second consecutive losing session overnight. The catalyst was weak economic data which fueled more fears of a recession. The Dow fell 491 points (-1.56%), giving up some early gains. SPI Futures are pointing to an 84 point loss today (-1.26%).
Get up to speed with Henry’s Breakfast Briefing.
- ASX 200 SPI Futures down 84 points (1.3%)
- Dow finishes volatile day down 491 points (1.6%)
- Nasdaq falls 343 points (3.0%)
- S&P 500 down 70 (2.0%)
- US consumer sentiment falls to levels not seen since Feb 2021.
- Base metals flat. Oil better again as China opens up slightly.
- Iron ore slightly higher.
- Retail sales today.
Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.
1294 jaksoa
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