• Pre- Market Report - SPI up 45 - US CPI better than expected - Tesla tumbles on Taxi Delay - Gold bursts Higher on Lower USD.

  • Jul 11 2024
  • Length: 8 mins
  • Podcast

Pre- Market Report - SPI up 45 - US CPI better than expected - Tesla tumbles on Taxi Delay - Gold bursts Higher on Lower USD. By cover art

Pre- Market Report - SPI up 45 - US CPI better than expected - Tesla tumbles on Taxi Delay - Gold bursts Higher on Lower USD.

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  • Summary

    • SPI up 45 points.
    • Dow +0.08% S&P -0.9% Nasdaq -2%
    • Russell 2000 up 3.6%. Just the second day since 1979 when the Russell 2000 rose more than 3% while the S&P 500 declined.
    • CPI better than expected Sept Rate Cut looks locked in now.
    • USD Index falls 0.55%
    • Gold runs 1.8% higher.
    • Iron ore bounces of $105.
    • LME commodities in holiday lull.
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