US equity markets made a positive start to November as investors digested the latest results from large technology companies and labour market data that reinforced expectations that the Federal Reserve will continue cutting interest rates - Dow gained +289-points or +0.69%. Intel Corp (up +7.81%) and Amazon.com Inc (+6.19%) were the leading perform…

Technology stocks dragged US equity markets lower on the final trading day of October - Dow fell -378-points or 0.90%. Microsoft Corp (down -6.05%) was the worst performer in the 30-stock index following the release of the company’s third quarter result after the closing bell. The broader S&P500 dropped -1.86%, with Information Technology (down -3.…

US equity markets settled modestly weaker amid a deluge of quarterly earnings and fresh economic data and with investors eyeing third quarter results from two of the so-called ‘Magnificent Seven’ cohort after the closing bell - Dow slipped -92-points or 0.22% unwinding an earlier rally of almost +225-points. International Business Machines Corp (do…

This week, host Chris Titley welcomes Andrew Mitchell, Founder and Senior Portfolio Manager at Ophir. With a keen eye for emerging opportunities, Andrew has played a pivotal role in building Ophir into a leading investment firm.In this episode, Andrew shares his insights on navigating market dynamics, identifying growth sectors, and effective portf…

US equity markets firmer as investors eyed earnings from a number of large capitalisation technology companies and key economic data - Dow lost -155-points or -0.36%. Home Depot Inc (down -1.94%) and Coca-Cola Co (-1.66%) both fell over >1.5%.By Morgans Financial

US equity markets climbed as of the busiest week of the US third quarter earnings calendar got underway and ahead of some key economic releases later in the week - Dow rallied +273-points or +0.65%, snapping a five-session losing streak. 3M Co (up +4.44%) after J.P. Morgan reiterated its 'overweight' rating and boosted its price target on the manuf…

US equity markets mixed on Friday (25 October) to cap off a bumpy few days of trading as investors eye a huge week of economic data and earnings reports - Dow fell -260-points or -0.61%. McDonald’s Corp fell -2.97% and was the worst performer in the 30-stock index on Friday (25 October) and the stock has been under pressure in recent days following…

US equity markets mixed as investors trawled through another busy corporate earnings calendar - Dow eased -141-points or -0.33%, booking its fourth consecutive session decline. International Business Machines (IBM) fell 6.17% to be the worst performer in the 30-stock index after a mixed third quarter result after the close of the previous session. …

US equity markets declined as bond yields continued to climb - Dow dropped -410-points or -0.96%, paring an earlier decline of as much as 632 points but still marking the 30-stock index’s largest one-day decline since 6 September. McDonald’s Corp fell -5.12% to be the worst performer in the 30-stock index after the Centers for Disease Control and P…

US equity markets mixed as bond yields continued to climb and investors digested a slew of corporate earnings releases - Dow dipped -7-points or -0.02% recovering from an earlier decline of -213-points. McDonald’s Corporation dropped over >6.5% in extended trading (after dipping -0.06% in the regular session) after U.S. health authorities said they…

This week, host Chris Titley welcomes Philip King, Chief Investment Officer at Regal Funds Management. As the founder of the rapidly growing ASX-listed company Regal Partners, he has helped the firm become a powerhouse, now managing over $12 billion in funds. Philip shares his insights on market trends, risk management, and the evolving financial l…

Morgans AM: Tuesday, 22 October 2024 by Morgans FinancialBy Morgans Financial

Morgans AM: Monday, 21 October 2024 by Morgans FinancialBy Morgans Financial

US equity markets settled narrowly mixed after a morning session rally for the semiconductor sector, spurred by solid quarterly results from the world's largest contract chipmaker, lost some steam - Dow rose +161-points or +0.37% to 43,239.05 to book its 39th record closing high of the year. American Express Co (up +1.46%) and Chevron Corp (+1.66%)…

US equity markets advanced amid a broad rally following some strong quarterly results - Dow gained +337-points or +0.79% to a fresh record closing high of 43,077.70. Cisco Systems Inc gained +4.25% to be the leading performer in the 30-stock index after analysts at Citi raised their recommendation on the networking company to ‘Buy’ from ‘Neutral’ a…

Morgans AM: Wednesday, 16th October 2024 by Morgans FinancialBy Morgans Financial

Morgans AM Tuesday, 15 October 2024 by Morgans FinancialBy Morgans Financial

Morgans AM Monday, 14 October 2024 by Morgans FinancialBy Morgans Financial

We’re excited to welcome Tom Millner, Director and Portfolio Manager at Contact Asset Manager. Tom brings a wealth of experience and unique perspectives that you won’t want to miss.By Morgans Financial

US equity markets settled with modest declines in the wake of slightly stickier inflation data for September - Dow slipped -58-points or -0.14%. Boeing Co fell -1.84% to be the worst performer in the 30-stock index. International Business Machines (IBM) Inc (-0.55%) touched a record all-time high (US$235.83) earlier in the session. Amazon.com Inc r…

US equity markets built on the previous session’s solid gains, with the S&P 500 and Dow logging fresh record closing highs ahead of key inflation figures tonight AEST and third quarter earnings season moving into gear - Dow rallied +432-points or +1.03% to 42,512 . Honeywell International Inc +3.24% Boeing Co (down -3.41%) was the worst performing …

Technology stocks powered a rebound on US equity markets and overshadowed disappointment around a lack of detail regarding any fresh China stimulus measures - Dow rose +126-points or +0.3%. Intel Corp (up +4.2%) was the leading performer in the 30-stock index, while economic bellwether Caterpillar Inc and Dow Inc both fell -2.58% to be the key lagg…

US equity markets retreated, handing back the previous session’s post jobs report surge as expectations for big interest rate cuts subsided and oil prices continued rising on concerns about Middle East tensions - Dow shed 399-points or -0.94%. Travelers Companies Inc (down -4.34%) was the worst performer in the 30-stock index. Amazon.com Inc (down …

• US equity markets rallied as investors welcomed a stronger-than-expected monthly jobs report that bolstered hopes of a so-called soft landing for the US economy and a suspension of the U.S. dockworkers strike - Dow rose +341-points or +0.81% to a fresh record closing high of 42,352.75. JP Morgan Chase & Co (up +3.55%) and American Express Co (+3.…

US equity markets retreated but settled off their worst levels of the session ahead of tonight’s AEST monthly jobs report and as investors continue to monitor developments in the Middle East - Dow fell -185-points or -0.44%, with Amazon.com Inc (down -1.52%) the worst performer in the 30stock index.By Morgans Financial

US equity markets settled little changed on the second trading day of the fourth quarter, with investors in a generally cautious mood against the backdrop of rising tensions in the Middle East and a strike at U.S. East Coast and Gulf ports - Dow added +40-points or +0.09%, advancing for the eight time in the past ten sessions. Salesforce Inc rallie…

US equity markets declined as a major escalation of the conflict in the Middle East and the spectre of a large labour strike at ports on the U.S. East Coast and Gulf Coast weighed on investor sentiment - Dow fell -173-points or 0.41%, snapping a three session winning streak that had lifted the 30-stock index to record highs. Intel Corp (down -3.28%…

Morgans AM: Tuesday, 1 October 2024 by Morgans FinancialBy Morgans Financial

US equity markets mixed on Friday (27 September) albeit tamer inflation figures lifted the Dow to a fresh record peak and buoyed small capitalisation stocks - Dow added +138-points or +0.33% to 42,313, booking its 32nd record close of 2024. Chevron Corp +2.46%.By Morgans Financial

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%.By 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%.By 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 FinancialBy 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.By 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…