The Dow Jones Industrial Average fell 162.26 points, or 0.41%, closing at 39,313.64. The S&P 500 dipped 0.31% to finish at 5,218.19, while the Nasdaq Composite was down 0.27% and settled at 16,384.47.
The market is on track for its fifth consecutive month of gains, with the major U.S. stock benchmarks crossing new all-time closing high levels last week. The S&P 500 has officially gone 100 sessions without a pullback of at least 2% from a closing high.
ASX to fall. SPI Futures down 29 points (-0.37%).
- Base metals mixed, Copper +0.18%, Nickel -0.98%, Zinc +0.34%, Lead -0.20%, and Tin -0.38%.
- Aluminium +0.87% hitting an 11-week high over concerns of a slow recovery in production in China.
- Oil prices rose after Russia ordered companies to reduce oil output, WTI +1.62% and Brent Crude +1.25%. Lithium falls 6% plus in Asian trade.
- 10Y Bond Yields – US 4.249%, Australia 4.070%, and Germany 2.368%.
- Currencies - Aussie dollar flat, USD Index +0.22%, Euro +0.01%, and Bitcoin +6.80%.
- Gold up 0.28%.
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