Pre-Market Report

US markets closed strongly higher over the weekend, driven by big tech and AI optimism. The Dow Jones gained 395 (1.1%) points, the S&P 500 1.2% and the NASDAQ 1.7%. Nvidia and AMD were the best performers, up 4.2% and 7.1% after info tech company Super Micro Computer made a $800m upgrade to its earnings…

End of Day Report

The ASX 200 has started the week strongly, up 55 points to 7477 (0.8%) on the US market rally and tech enthusiasm. Banks leading the charge with CBA up 1.3% and NAB up 1.1% with the Big Bank Basket up 1.3%. REITs too in demand as yields fall, AU10Y down 5bp. GMG leading with a 1.3% gain. Industrials…