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Morgans AM: Thursday, 3 October 2024
Manage episode 443262526 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.
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 rallied +3.18% to be the leading performer in the 30-stock index, buoyed by a broker upgrade. Nike Inc -6.77% after the sporting apparel and equipment giant after reported a decline in fiscal first quarter earnings per share (EPS) and sales and did not provide full year guidance after the close of the previous session. Apple Inc added +0.25%, with Bloomberg reporting that the company is working on new versions of a number of its products, including the low-cost iPhone SE, with plans to release them over the next year.
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Manage episode 443262526 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.
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 rallied +3.18% to be the leading performer in the 30-stock index, buoyed by a broker upgrade. Nike Inc -6.77% after the sporting apparel and equipment giant after reported a decline in fiscal first quarter earnings per share (EPS) and sales and did not provide full year guidance after the close of the previous session. Apple Inc added +0.25%, with Bloomberg reporting that the company is working on new versions of a number of its products, including the low-cost iPhone SE, with plans to release them over the next year.
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