What Matters Today in Markets - Tuesday 6th October - Dow up +90pts, SPI up +27pts

Uh, tech stocks drove a, a, an okay rally in the US market last night.

The Nasdaq put on point nine of one percent.

We had a couple of the large names trading at all-time highs and breaking out, uh, which was supportive also of the S&P five hundred, which put on nearly point seven percent.

Uh, Dow, um, uh, was up point-- more modest, point two.

Russell two thousand up half a percent.

We've got SPY futures pricing a rise of, uh, twenty-seven points this morning, point three percent on the upside when trading kicks off here in about an hour and a half's time.

Uh, looking across the sectors, all were higher bar real estate.

So real estate was down half a percent.

Uh, but as I said, tech stocks, uh, were strong.

Financials up point seven, energy up point nine.

Um, uh, materials are up one point two percent, uh, as a group, uh, so it was positive there.

We also had mixed, uh, movements across bond land, uh, with US tens up three basis points at five point three percent.

Uh, but we had US twos coming back one point two basis points, uh, at four point eight one percent.

The US thirty-year yield is sitting at five point six six percent, um, uh, which is, uh, a little bit concerning as we've been writing about.

Uh, looking at commodities, crude oil pulled back one point eight percent, eighty-nine spot four three.

Um, uh, we've got gold prices down a little bit, uh, last night, four thousand one hundred and thirty-six US an ounce.

Uh, copper prices, uh, six dollar sixty-four US a pound, up one point four percent.

Uh, iron ore is trading at, um, uh, ninety-one spot nine zero.

So it's come back in the last week or so.

And coal prices one fifty-one coming out of Newcastle.

Uh, lithium stocks, uh, uh, up one point two percent last night.

Copper stocks put on half a percent.

Uranium shares, uh, up one point one percent.

Uh, I noted, uh, Cameco had a good session, uh, overnight.

They are up two point seven percent.