Pre-Market Report – Wednesday 20 November: US markets mixed | Nvidia in demand ahead of results

Market Updates

The Nasdaq popped 1.04% to finish at 18,987.47, while the S&P 500 gained 0.4% to end at 5,916.98. The Dow Jones Industrial Average dipped 120.66 points, or 0.28%, to settle at 43,268.94.
ASX SPI down 6. AMC in focus on huge merger deal. NCK warns on delays - Boss Energy, Charter Hall, Downer EDI, Mount Gibson Iron and Pacific Smiles all host AGMs.
COMMODITIES

• Gold hits 1-week high as Russia-Ukraine tensions boost rush to safety.
• Oil steadies as Sverdrup field restart counters geopolitical concerns.
• Iron ore at one-week high on softer dollar, pre-holiday stocking.
• Peru copper output edges down 1% in September.
• Norway's Sverdrup oil output rises to two-thirds of capacity.
• LME aluminium up as market adjusts to China's plan to end tax rebate.
• LME lead stocks jump to highest level in 11-1/2 years after inflows.

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