Pre-Market Report – Friday 30 August: US markets slightly higher | DOW, RHC, TPG results

Market Updates

The Dow Jones managed a 0.6% gain, enough for its third all-time high since Monday. The Nasdaq composite, which is heavily weighted with technology stocks, slipped 0.2%. It had been up 1.3% in the early going.
ASX SPI up 51 - Results - TPG - APX - DOW

• Copper and aluminium extend losses on weak Chinese demand and rising inventories.
• Gold gains nearly 1% as investors zero in on Fed cuts, inflation data.
• Oil settles up over 1% on worries over supplies from Libya, Iraq.
• Libya's oil output falls more than half due to political standoff.
• EIA says US gasoline prices were much lower than last year heading into the Labor Day weekend.

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