FMG 0.50% $20.24 fortescue ltd

Iron ore price, page-49413

  1. 10,350 Posts.
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    A wild night as OPEC's decision filtered through markets:
    1. For resource stocks, the big overnight development was the surge in the AUD which is primarily responsible for the lower expected open this morning.
    2. Dow Jones surged because of its 30 components are couple are oil stocks, whereas the S&P crept higher and the Nasduck lost ground as the latter contained less oil stocks and are more impacted by the inflationary consequences of a higher oil price.

    https://hotcopper.com.au/data/attachments/5174/5174502-a87be105b949dc3b7ba1c0319e4b156d.jpg
    Last edited by convexity: 04/04/23
 
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