Latest / MPC Markets Morning Call
Chips Slide and Oil Climbs as Wall Street Waits on Bank Earnings
A quiet night with US bonds shut for Columbus Day. Mark Gardner runs through chip stocks sliding, Brent up about 2% on reports of a tanker hit in Hormuz, Meta's new Muse AI model, upgrades for Salesforce and eBay, and Starbucks ruling out Chipotle.
Locally: Maas down 15% after Firmus pulled its listing, uranium, lithium and rare earths getting belted, plus RBA minutes, the NAB survey and the Telstra AGM today. Tonight, US bank earnings kick off, with CPI and PPI later in the week.
US earnings calendar: mpcinvest.co/earnings-usa
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