Pre-Market Podcast Friday
All three major US Indexes finished lower overnight after a choppy trading session as US bond yields hit nine-month highs
All three major US Indexes finished lower overnight after a choppy trading session as US bond yields hit nine-month highs
ASX 200 closed up 14 points to 7325 in a large surge. For the week the index dropped 1.1%.
US markets were lower overnight, ending near worst levels, following hot labour market data and a ramp-up in treasury issuance.
ASX 200 closed down 43 points to 7312 (-0.6%), sliding for a second straight session, tracking losses on Wall Street overnight.
The market closed down 96 to 7355 (-1.3%) in a broad market sell-off, losing yesterday’s gains and as heavyweight banking and mining stocks weighed.
Wall Street closed mostly lower overnight in an uneventful session as the latest slew of corporate results came in mixed.