What Matters Today in Markets – Tuesday 24th Jan – Dow +254pts, SPI +25pts - Market Matters

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24/01/2023

What Matters Today in Markets – Tuesday 24th Jan – Dow +254pts, SPI +25pts

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The ASX200 fell 1.1% on Thursday heading into the Easter break, extending the recent trend of late-week weakness as investors de-risk amid ongoing geopolitical uncertainty.

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The ASX200 gave up early gains and finished lower today after investors were rattled by a fiery speech from US President Donald Trump at midday our time, dampening hopes for a quick resolution to the Iran conflict. The index traded up as much as ~0.4% earlier in the session before reversing sharply as oil prices surged and geopolitical risks again took centre stage.

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