European markets closed for the Boxing day holiday.
US markets were open. All indices were up in thinner holiday trading.
The DOW rose 159 points (.43%), the NBI rose 50 points (1.17%), the NASDAQ Composite rose 81 points (.54%) and the Russell small cap index rose 25 points (1.24%).
US markets are dominated by oil stocks and the rising oil price would account for some of the overnight rises.
Market is still digesting last weeks US PCE data which showed the first fall in 3 and half years - and are again pricing in interest rate cuts as early as March 2024.
Oil prices surged 3% on Middle East tensions and expectations that early interest rate cuts will boost world economies. Brent crude at US$81.49.
US Treasury 10 year bond yield steady at 3.9%
Gold price also edged higher - US$2,059 per ounce.
Good sign that the US markets continue to strengthen. Good lead for the ASX.
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European markets closed for the Boxing day holiday.US markets...
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $424.5M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.8¢ | 5.5¢ | $954.9K | 16.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 847774 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 1472351 | 8 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.000 ( 1.93 %) |
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| Open | High | Low | Volume | ||
| 5.7¢ | 5.7¢ | 5.5¢ | 5009307 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| IMU (ASX) Chart |
