US equity markets advanced ahead of tonight’s AEST key inflation figures, buoyed by fresh China stimulus measures and a strong gains for chipmakers - Dow gained +260-points or +0.62% to 42,175.11, logging its second highest close ever. Caterpillar Inc (up +3.36%) and Dow Inc (+3.56%) rose over >3%.由Morgans Financial

The Dow Jones Industrial Average and S&P 500 retreated from record highs - Dow fell -293-points or -0.7%, snapping a four session winning streak. Amgen Inc dropped -5.46% to be the worst performing Dow component overnight after the biotechnology company posted disappointing results from two Phase 3 trials. Visa Inc fell -1.15%, extending the previo…

The S&P 500 and Dow booked fresh record closing highs, shrugging off some weak consumer confidence data and buoyed by the latest stimulus measures from China’s central bank - Dow added +84-points or +0.20% to 42,208.22, marking the 30-stock indice’s 31st record close of 2024. Caterpillar Inc (up +3.98%) was the leading Dow component overnight.…

The S&P 500 and Dow logged record closing highs, building on last week's Federal Reserve rate cut-induced momentum and after data showed steady business activity in September - Dow added +61-points or +0.15% to 42,124.65, logging a record closing high for a third consecutive session. Intel Corp gained +3.30% to be the leading performer in the 30-st…

US equity markets ended a strong week on a mixed note, with trading relatively subdued despite Friday’s (20 September) session being a “triple witching” event - the simultaneous expiration of stock options, stock index futures, and stock index options contracts that saw option contracts tied to more than >US$5 trillion in tradeable stocks expire - …

US equity markets rallied, lifting both the Dow and S&P 500 to fresh record highs as investors applauded a -50-basis point interest rate cut by the Federal Reserve a day earlier - the largest in 16-years - that they hope will deliver a so-called soft landing - Dow rose +522-points or +1.26% to 42,025.19. It is the first time that the 30-stock index…

US equity markets failed to hold initial gains that came after the Federal Reserve delivered -50 basis point interest rate cut and that had lifted both the S&P 500 and Dow to fresh record intra-day highs - Dow fell -103-points or -0.25%, having rallied ~376-points immediately following the Fed’s rate announcement and lifting the 30-stock index to a…

US equity markets mixed ahead of the latest interest rate decision and monetary policy pronouncements from the Federal Reserve tomorrow morning AEST - Dow dipped -16-points or 0.04% to 41,606.18, snapping a four session winning streak after hitting a fresh record intra-day high (41,835.28) earlier in the session. Intel Corp rallied +2.68% to be the…

US equity markets mostly firmer in cautious trade of key central bank meetings later this week - Dow rose +228-points or +0.55% to 41,622.08, logging its 27th record close of the year-to-date. Intel Corp rallied +6.36% to be the leading Dow component after confirming press reports late last Friday (13 September) that it has been granted up to US$3B…

• US equity markets extended their recovery from an early September sell-off on Friday (13 September), with the S&P 500 and Nasdaq recording their best weekly gains of 2024 - Dow rallied +297-points or +0.72%. Boeing Co shed 3.69% to be the worst performer in the 30-stock index after the aerospace company’s biggest union, the International Associat…

The S&P 500 and Nasdaq extended gains into a fourth straight session after the latest wholesale inflation figures helped reinforce expectations for an interest rate cut when the Federal Reserve convenes its latest monetary policy meeting next week (17-18 September) - Dow rose +235-points or +0.58%.由Morgans Financial

US equity markets recovered from earlier losses to advance and settle near their session highs as investors weighed the implications of the latest CPI data and the presidential debate - Dow rose +125-points or +0.31%, with American Express Co (up +3.57%) and Intel Corp (+3.48%) both rallying over >3%.…

US equity markets mixed ahead of the first presidential debate later this morning AEST and inflation figures tonight AEST - Dow eased -93-points or -0.23%. JPMorgan Chase & Co shed -5.19% to be the biggest decliner in the 30-stock index after president Daniel Pinto, speaking at a Barclays financial services conference in New York, tempered full-yea…

US equity markets rebounded from their biggest weekly losses of the year last week, with investors eyeing key inflation figures in the coming days - Dow rallied +484-points or +1.20%, more than recouping last Friday’s (6 September) -410-point or -1.01% fall. Boeing Co gained +3.36% after the aircraft manufacturer and its biggest union (the Internat…

US equity markets retreated sharply on Friday (6 September) as the latest employment report underscored labour market weakness and spurred further debate about how aggressive the Federal Reserve will be when it starts cutting interest rates - Dow lost -410-points or -1.01%, with Amazon.com Inc (down -3.65%) and American Express Co (-3.09%) both fal…

Morgans AM: Friday, 6 September 2024 by Morgans Financial由Morgans Financial

US equity markets ended mostly to the downside overnight as the S&P 500’s September struggles continued following weak labour market data - Dow was the outlier rising -38-points or +0.09%. Intel Corp (down -3.33%) was amongst the worst performers in the 30-stock index, amid a broader selloff of chip stocks as well as Reuters reporting that recent t…

US equity markets resumed trading after the Labor Day long weekend and settled sharply lower to kick-off what is a historically tough month for equities, with investors assessing some weak manufacturing data while eyeing Friday’s (6 September) key non-farm payrolls figure - Dow shed -626-points or -1.51%. Intel Corp (down -8.8%) was the worst perfo…

US equity and bond markets were CLOSED overnight for Labor Day. In US corporate earnings, Gitlab Inc and Zscaler Inc post quarterly results tonight AEST.由Morgans Financial

US equity markets advanced on Friday (30 August) to cap one of the most volatile months of trading in years - Dow rose +228-points or +0.55% to 41,563.08 to log its fourth record closing high of the week. Intel Corp rallied +9.49% following a Bloomberg report that the chipmaker is considering the spin-off or sale of its foundry business. Goldman Sa…

US equity markets mixed, with both the S&P 500 and Nassq losing ground late in the session and selling in Nvidia Corp intensified - Dow gained +244-points or +0.59% to 41,335.05, logging its third record closing high in the past four sessions. Apple Inc rose +1.46% with after Citigroup nominating the iPhone maker its top artificial intelligence (AI…

US equity markets retreated ahead of the much anticipated release of chip giant Nvidia Corp’s second quarter result after the close, and with a batch of US retailers cutting outlooks amid a challenging consumer environment - Dow fell -159-points or -0.39%, paring an earlier decline of more than >400-points. Nike Inc (down -2.93%) was the worst perf…

US equity markets settled little changed as investors eye Nvidia Corp’s (up +1.46%) second quarter result tonight AEST - Dow inched+10-points or +0.02% higher to a fresh record closing high of 41,250.50.由Morgans Financial

US equity markets eased in a quiet session following last Friday’s (23 August) strong gains, with investors eyeing chip giant Nvidia Corp’s (down -2.25%) second quarter result on Wednesday night AEST (28 August) and inflation figures at the back end of the week - Dow added +65-points or +0.16% to 41,240.52, notching its 23rd record close of 2024. A…

US equity markets rallied on Friday (23 August) after Federal Reserve Chair Jerome Powell said “the time has come” for monetary easing - Dow rose +462-points or +1.14% to 41,175.08, closing within 0.1% of a fresh record close.由Morgans Financial

US equity markets retreated as central bankers will gather in Jackson Hole, Wyoming for the Federal Reserve’s annual Monetary Policy Symposium, with the S&P 500 and Nasdaq logging their worst daily decline since 5 August - Dow fell -178-points or -0.43%. Intel Corp slumped -6.12% to be worst performer in the 30-stock index overnight following repor…

US equity markets logged modest gains as investors digested earnings reports from various retailers, the minutes from the Federal Reserve’s late July monetary policy meeting and a sharp downward revision to annual payrolls data - Dow edged +56-points or +0.14% higher, with Intel Corp (up +2.0%) the leading performer in the 30-stock index. American …

US equity markets logged modest declines, with the S&P 500 and Nasdaq snapping eight session winning streaks - Dow slipped -62-points or -0.15%, snapping a five session winning streak. Boeing Co shed -4.2% after the aerospace company said it would be grounding its four-plane test fleet of the 777x after finding cracks in the jet’s structure. Intel …

US equity markets opened the week on a positive footing, maintain the momentum that saw the benchmark indices record their strongest weekly gains of the year last week - Dow advanced for a fifth consecutive session, gaining +237-points or +0.58% to 40,896.53. The 30-stock index closed 0.73% below its record closing high (41,198.08) set on 17 July. …

US equity markets advanced on Friday (16 August) to cap their best week of 2024 to date, with the S&P 500 and Nasdaq - Dow added +97-points or +0.24%, rising for a sixth time in seven sessions.The broader S&P500 rose +0.20%, with Financials (up +0.62%) leading eight of the eleven primary sectors higher. Ulta Beauty Inc rose +3.12% and extended gain…

• US equity markets rallied following the release of a fresh batch of economic data that eased concerns about the health of the economy and some further robust corporate earnings releases - Dow gained +555-points or +1.39%, rising for the fifth time in six sessions. Cisco Systems Inc jumped +6.8% to be the leading performer in the 30-stock index af…

US equity markets advanced after the annual rate of headline consumer inflation fell below 3% for the first time since March 2021 - Dow gained +243-points or +0.61%, with American Express Co (up +2.0%) the leading performer in the 30-stock index. The broader S&P500 added +0.38%, extending gains into a fifth straight session that has lifted the inde…

• US equity markets rallied strongly following tamer-than-expected wholesale inflation data, with the S&P 500 and Nasdaq booking their biggest four-day percentage gains of 2024 - Dow gained +409-points or +1.04%. Intel Corp jumped +5.73% to be the leading performer in the 30-stock index. A filing showed the company had divested its stake (~1.8M sha…

A mixed and muted session for US equity markets as investors eye inflation and retail sales figures later in the week - Dow fell -141-points or -0.36%, with Boeing Co (down -2.25%) and Procter & Gamble Co (-2.19%) both down over >2%.由Morgans Financial

• US equity markets logged modest gains on Friday (9 August) and continued to mount a comeback that saw the S&P 500 and Nasdaq all but erase Monday’s (5 August) rout that saw both indices register their sharpest daily losses since 13 September 2022 - Dow edged +51-points or +0.13% higher, with American Express Co (up +1.85%), Apple Inc (+1.37%) and…

US equity markets rallied sharply amid a broad-based rally that saw the S&P 500 and Nasdaq record their strongest session since 30 November, 2022 after the latest weekly jobless claims figures soothed nerves in some quarters around the strength of the labour market - Dow gained +683-points or +1.76%, logging its strongest session since 16 July. The…

• US equity markets retreated, relinquishing earlier session gains and capping the worst 5-day start to a month for the Dow and S&P 500 since January 2016 - Dow fell -234-points or -0.60%,. Intel Corp fell -4.24% following a fresh broker downgrade (with analysts at Mizuho Securities cutting their recommendation to ‘Neutral’ from ‘Outperform’ and wr…

US equity markets rebounded amid a broad-based recovery a day after the Dow and S&P 500 registered their sharpest daily losses since 13 September 2022 - Dow rose +294-points or +0.76%, clawing back some of the previous session’s -1,033.99-points or -2.6% tumble.由Morgans Financial

Morgans AM: Tuesday, 6 August 2024 by Morgans Financial由Morgans Financial

US equity markets tumbled for a second straight session after a weak jobs report further stocked fears of a recession – Dow fell -611-points or -1.51%. Intel Corp tumbled -26.06% after the chipmaker announced a wider-than-expected quarterly loss after the close of last Thursday’s (1 August) session and said it would lay off 15% of its staff as part…

US equity markets logged sharp declines amid a fresh sell off for the technology sector and following the release of some weak economic data - Dow fell -495-points or -1.21%, paring an earlier decline of ~744 points.由Morgans Financial

US equity markets after the Federal Reserve left U.S. interest rates unchanged but indicated it will likely begin easing monetary policy in September as inflation cools - Dow added +99-points or +0.24%.由Morgans Financial

US equity markets retreated, with chip stocks under particular pressure ahead of earnings from a number of large capitalisation technology companies - Dow gained +203-points or +0.50%, with Travelers Companies Inc (up +3.03%), and investment banks Goldman Sachs Group Inc (+2.63%) and JPMorgan Chase & Co (+2.06%) leading the 30-stock index’s advance…

US equity markets settled little changed ahead of a defining week that sees 171 S&P 500 companies post second quarter results (including ten (10) Dow components and four (4) of the so-called ‘Magnificent Seven’ of large capitalisation technology stocks) along with key global central bank meetings and the latest Non Farm payrolls report - Dow slippe…

US equity markets soared on Friday (26 July) to cap a turbulent week, with the S&P 500 and Nasdaq snapping three session losing streaks as the technology sector recovered, corporate earnings news provided a big boost to several companies and inflation data reinforced expectations that the Federal Reserve will cut interest rates soon - Dow rallied +…

S&P 500 and Nasdaq Composite retreated for a third straight session amid a fresh rotation out of large cap technology into small capitalisation and value stocks.由Morgans Financial

US equity markets fell sharply, with the so-called “Magnificent Seven” of large technology companies weighing heavily on the benchmark indices - Dow fell -504-points or -1.25% to 39,853.87, below <40,000 points for the first time in nearly two weeks. Visa Inc (down -4.01%) was the worst performer in the 30-stock index after the payment-technology c…

US equity markets settled with modest declines as investors digested a busy corporate earnings calendar and eyed second quarter results from the first of the so-called “Magnificent Seven” of large capitalisation technology stocks after the closing bell - Dow slipped -57-points or -0.14%. Walt Disney Co (down -.39%) was the worst performer in the 30…

Technology stocks led a rebound on US equity markets following steep losses last week - Dow added +128-points or +0.32%, with Nike Inc (up +2.97%) and Salesforce Inc (+2.6%) both gaining over >2.5% to be the leading performers in the 30-stock index. The broader S&P500 gained +1.08%, logging its best session since 5 June as more than >77% of index c…

US equity markets retreated on Friday (19 July) as technology stocks came under fresh pressure and investors digested the impact of a global technology outage - Dow dropped -377-points or -0.93%, extending its decline over the past two sessions to over >900 points or ~2.2%. Intel Corp shed -5.42% to be the worst performer in the 30-stock index on F…