Pre-Market Report – Thursday 21 November: US markets pause for Nvidia | Bitcoin hits records

US equities mixed in fairly quiet Wednesday trading, though ended near best levels.

Dow +0.32%, S&P 500 (0.00%), Nasdaq (0.11%), Russell 2000 +0.03%

• Nvidia down 1% after hours on results 

ASX SPI up 11 - 30 AGMs today - MIN the most interesting

COMMODITIES

• Gold gains for third consecutive day on escalating Russia-Ukraine tensions.
• Oil settles down on strong US supply, losses capped by Ukraine escalation.
• Copper climbs in calmer markets, dollar caps gains
• Exxon Mobil signs non-binding lithium supply deal with LG Chem.
• Chile mining group SQM's net profit slips on lower lithium prices.
• Dalian iron ore rises on resilient steel demand, China stimulus hopes.
• Weak demand may prompt OPEC+ to stick with production cuts for longer than anticipated.
• US crude, gasoline inventories rise, distillates draw down, EIA says.

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