IMU 0.00% 5.8¢ imugene limited

Fairly good day for global markets overnight.In Europe, the FTSE...

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    Fairly good day for global markets overnight.

    In Europe, the FTSE rose 14 points (.2%) - large banks underperformed which muted the market a bit. The DAX rose 79 points (.54%) and the CAC rose 43 points (.63%).

    In the US, the DOW rose 204 points (.62%), the NASDAQ Biotech Index had a good day out and rose 54 points (1.46%), the NASDAQ Composite rose 121 points (.93%) and the Russell small cap index closed higher by 15 points (.9%).

    Oil prices fell slightly - Brent crude at US$87.97 per barrel.

    US 10yr treasury bonds yields also retreated marginally to 4.82%.

    US earnings season has seen 77% of companies beating expectations - especially from large companies.

    Big tech companies (Alphabet, Microsoft, Amazon, and Meta will release earning reports tomorrow.
 
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