Name | Daily Close | Daily Change | Daily Change (%) |
---|---|---|---|
Dow | 41622.08 | 228.30 | 0.55% |
S&P 500 | 5633.09 | 7.07 | 0.13% |
Nasdaq | 17592.13 | -91.85 | -0.52% |
VIX | 17.14 | 0.58 | 3.50% |
Gold | 2610.80 | 1.90 | 0.07% |
Oil | 70.44 | 0.35 | 0.50% |
US MARKET
U.S. stocks closed mixed. The Dow rose 0.6% to 41,622.08, the S&P 500 edged up 0.1% to 5,633.09, while the Nasdaq dipped 0.5% to 17,592.13.
Australian shares are set to open higher as US traders adopted a cautious approach ahead of Wednesday’s rate decision, focusing on blue-chip companies. ASX futures were up 0.65% (53 points) at 8:00am on Tuesday, signalling a positive open.
US traders are increasingly betting the Federal Reserve will start cutting interest rates significantly. On Monday, US derivatives markets indicated a 60% chance of a half-point rate cut on Wednesday, up from 50-50 odds on Friday and just 14% earlier last week, according to CME Group data.