Morning Wrap: ASX 200 futures flat, S&P 500 wobbles + Gold, oil and uranium stocks soar

ASX 200 futures are trading 2 points higher, up 0.02% as of 8:30 am AEDT.

Major US benchmarks kicked off April on a weaker note, bond yields climb on stubborn US inflation data and a jump in manufacturing activity, gold prices hit another all-time high as the Fed-fuelled rally continues, oil prices settle at a 5-month high on tighter supply outlook, China’s manufacturing data is at its most robust level in 13 months, uranium stocks soared overnight and Austal is the latest M&A receipt.

Let’s dive in. Overnight Summary

Tue 02 Apr 24, 8:28am (AEDT) Name Value % Chg Major Indices S&P 500 5,244 -0.20% Dow Jones 39,567 -0.60% NASDAQ Comp 16,397 +0.11% Russell 2000 2,103 -1.02% Country Indices Canada 22,185 +0.08% China 3,077 +1.19% Germany 18,492 +0.08% Hong Kong 16,541 +0.91% India 74,015 +0.49% Japan 39,803 -1.40% United Kingdom 7,953 +0.26% Name Value % Chg Commodities (USD) Gold […]

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