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Morgans AM: Thursday, 26 September 2024

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Manage episode 441869672 series 1086780
Content provided by Morgans Financial Limited and Morgans Financial. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morgans Financial Limited and Morgans Financial or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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 previous session’s -5.49% decline that came after report that the U.S. Department of Justice plans to file a lawsuit against the payments network operator, alleging that it illegally monopolised the country's debit card market. A US$1 move in any one of the 30 Dow components results in a 6.57-point swing.
  continue reading

3189 episodes

Artwork
iconShare
 
Manage episode 441869672 series 1086780
Content provided by Morgans Financial Limited and Morgans Financial. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morgans Financial Limited and Morgans Financial or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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 previous session’s -5.49% decline that came after report that the U.S. Department of Justice plans to file a lawsuit against the payments network operator, alleging that it illegally monopolised the country's debit card market. A US$1 move in any one of the 30 Dow components results in a 6.57-point swing.
  continue reading

3189 episodes

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