Morning Wrap: ASX 200 to fall, uranium stocks rally + Australian CPI set to ease

ASX 200 futures are trading 12 points lower, down 0.16% as of 8:30 am AEDT.

The S&P 500 lost ground and finished lower overnight, Fed policymakers continue to push back on rate cut expectations, uranium stocks rallied after the US announced plans to jump-start production of higher-energy uranium, the mines most at risk of closure amid a slump in battery metal prices and why earnings need to walk to walk.

Let’s dive in. Overnight Summary

Wed 10 Jan 24, 8:28am (AEDT) Name Value % Chg Major Indices S&P 500 4,757 -0.15% Dow Jones 37,525 -0.42% NASDAQ Comp 14,858 +0.09% Russell 2000 1,967 -1.10% Country Indices Canada 20,971 -0.49% China 2,893 +0.20% Germany 16,688 -0.17% Hong Kong 16,190 -0.21% India 71,386 +0.04% Japan 33,763 +1.16% United Kingdom 7,684 -0.13% Name Value % Chg Commodities (USD) Gold 2,035.3 +0.13% Iron Ore 140.87 -0.41% Copper 3.7615 -1.63% WTI Oil 72.13 +1.51% Currency […]

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