Markets Overview

  • ASX SPI 200 futures down 0.4% to 7,437.00
  • Dow Average little changed at 36,081.65
  • Aussie up 0.3% to 0.7354 per US$
  • U.S. 10-year yield rose 5.2bps to 1.6145%
  • Australia 3-year bond yield fell 6bps to 0.97%
  • Australia 10-year bond yield fell 3bps to 1.77%
  • Gold spot up 0.1% to $1,867.44
  • Brent futures down 0.2% to $82.01/bbl

Economic Events

  • 9:30am: (AU) Nov. ANZ Roy Morgan Weekly Consumer, prior 109.0
  • 11:30am: (AU) RBA Minutes of Nov. Policy Meeting
  • 1:30pm: (AU) RBA Governor Lowe Gives Speech at ABE Webinar

Stocks struggled for direction on Monday amid intense volatility in electric-car giant Tesla Inc. and a Treasury yield surge.
The S&P 500 came off session lows as Tesla pared losses after approaching a bear market, with an almost 20% plunge from a record. The company tumbled earlier in the day as Chief Executive Officer Elon Musk raised the idea of selling more of his shares. Treasuries slumped on speculation the Federal Reserve may have to speed up its reduction of asset purchases after the fastest inflation in three decades.

Other News

Alyssa Clark has definitely hit her daily steps on her fitness tracker. And then some.

The 28-year-old from Burlington, Vermont ran 26.2 miles – the full length of a marathon – every day for 95 consecutive days, making great use of her COVID quarantined lockdown while living in Italy during the pandemic.

Clark was inspired on her Forest Gump-esque running journey by the stall period in quarantine in March of 2020, needing to put her training as an ultra-marathoner to use.

What started off as 25 consecutive days running the marathon distance ballooned into a staggering amount where she fell just short of her goal to run 100 marathons for 100 consecutive days.

As a result, Clark became a world record holder by the Guinness Book of World Records by eclipsing the previous female record of running 60 consecutive days (set by Alice Burch of England in 2015). Her record was only recently made official because of the tedious process compiling witness statements, videos and running data for submission.

Clark started the running at indoor facilities in Naples, Italy – where her military husband is stationed.

Even more remarkable about the feat is that she kept her running challenge going through an international move from Italy to Florida by running a marathon at 1 a.m. during a layover at a German military base.