MM is neutral US equities over the coming weeks/months

17/06/2022

MM is neutral US equities over the coming weeks/months

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The ASX200 delivered a second consecutive strong day, extending the weeks recovery from Tuesdays low to more than 3%. The gains were again spearheaded by the miners, on the back of stronger metal prices, with BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) on their own contributing 50% of the index’s move. The advance was more broad based than on Wednesday with over 70% of the main board closing higher.

Afternoon report 07/05/2026

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