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� U.S. stocks ended mixed on Tuesday, as Wall Street appeared to downplay fears of a nuclear escalation stemming from the Russia-Ukraine conflict, while Nvidia's solid rise bolstered the tech-heavy Nasdaq.
� The Dow Jones Industrial Average fell 120.66 points, or 0.28 percent, to 43,268.94, slipping for its fourth trading day in a row.
� The S&P 500 added 23.36 points, or 0.40 percent, to 5,916.98.
� The Nasdaq Composite Index increased 195.66 points, or 1.04 percent, to 18,987.47, aided by shares of Nvidia.
� 6 of the 11 sectors ended in green, with technology and communication services leading the while energy and financials led the laggards.
� It�s a weaker Asian backdrop. Tencent +90bps vs ADR -70bps.
� Japan�s exports beat exp. Chinese banks kept lending rates unchanged � inline.
� No major movements over the greenback vs majors or EMFX � ZAR c18.05.
� Yields, the same, with US2y 4.27/US10y 4.40. Aussie 10y, marginally higher.
� Gold gained for a 3rd session, PGMs are mixed and oil is slightly lower - build in US crude inventories ahead of official government figure.
� Copper extended its move for the 4th day on demand hopes.
� Its inflation day locally, which should set us up for another 25bps cut tomorrow.
� All eyes on the US earnings with the heavyweight NVDA reporting.
� The rand is weaker this morning, at R18.06/$, after closing weaker yesterday (R18.05/$*).
Key events and data:
� 09h00: UK CPI, PPI, RPI (October)
� 10h00: SA CPI (October)
� 11h30: UK house price index (September)
� 12h00: SA BER business confidence index (Q4:24)
� 12h00: Eurozone ECB publishes Euro Area negotiated wages
� 13h00: SA retail sales (September)
� 14h00: US MBA mortgage applications (15 November)
� 15h30: US initial jobless claims (16 November)
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