Morgans Financial Limited

Morgans AM

A daily bulletin featuring an overnight sharemarket summary and economic news from across the globe, broadcast in the Morgans studio before the Australian stock market opens each morning.

Author

Morgans Financial Limited

Category

Business

Podcast website

www.spreaker.com

Latest episode

Jul 8, 2026

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Episodes

Wednesday, 2 August 2023: A mixed session for US equity markets to open August 02.08.2023

A mixed session for US equity markets to open August as investors continued to assess a raft of quarterly earnings releases and eyed Friday night’s AEST (4 August) key non-farm payrolls report - Dow added +71-points or +0.20%, touching its highest intra-session level since February 2022 earlier in the session. The broader S&P500 eased -0.27%, pulling back from a 16-month high. Utilities (down...

Tuesday, 1 August 2023: US equity markets logged modest gains to close out July amid optimism over corporate earnings 31.07.2023

US equity markets logged modest gains to close out July amid optimism over corporate earnings and a resilient economy, and ahead of a busy week in terms of quarterly results and economic releases - Dow up +100-points or +0.28% at 35,559.53, the 30-stock index’s highest settlement since 9 February, 2022. The broader S&P500 edged +0.15% to 4,588.96, logging its highest close since 30 March, 2022...

Monday, 31 July 2023: Investors buoyed by upbeat corporate earnings releases and cooling inflation data 30.07.2023

US equity markets closed out the week on positive note on Friday (28 July), with investors buoyed by upbeat corporate earnings releases and cooling inflation data - Dow rose +177-points or +0.5% , Intel Corp rallied +6.60% after the chipmaker’s second-quarter earnings released after the close of last Thursday’s (27 July) session recorded a return to profitability after two straight quarters of los...

Friday, 28 July 2023: US equity markets retreated, with the Dow Jones Industrial Average snapping it longest winning streak since 1987 27.07.2023

US equity markets retreated, with the Dow Jones Industrial Average snapping it longest winning streak since 20 January, 1987 as Treasury yields climbed following stronger-than-expected second quarter economic growth figures - Dow lost -237-points or -0.67% after rising for thirteen consecutive session. The broader S&P500 fell -0.64%, with Real Estate (down -2.12%), Utilities (-1.73%) and Finan...

Thursday, 27 July 2023: US equity markets settled little changed after a choppy session that saw investors digest host of quarterly results 27.07.2023

US equity markets settled little changed after a choppy session that saw investors digest a host of quarterly results and the latest interest rate decision and monetary policy pronouncements from the Federal Reserve - Dow added -82-points or +0.23%, marking the 30-stock index’s 13th consecutive gain and longest winning streak since 20 January, 1987. One more day in the green and the blue-chip gaug...

Wednesday, 26 July 2023: US equity markets drifted higher ahead of the release of second quarter results 26.07.2023

US equity markets drifted higher ahead of the release of second quarter results from major technology companies after the closing bell - Dow edged +27-points or +0.08% higher to 35,438.07, extending its rally into a 12th consecutive session to and recording its highest close since February, 2022. The broader S&P500 added +0.28%, with Materials (up +1.76%) and Information Technology (+1.19%) ri...

Tuesday, 25 July 2023: US equity markets advanced to kick off a busy week of key quarterly earnings releases 24.07.2023

US equity markets advanced to kick off a busy week of key quarterly earnings releases, central bank meetings and inflation data - Dow rose for an eleventh straight session, up +184-points or +0.52% to 35,411.24. The 30-stock index logged its highest close since 9 February, 2022 and secured its longest winning streak since the 12-day trading period that ended on 27 February, 2017. The broader S&amp...

Monday, 24 July 2023: US equity markets little changed on Friday (21 July) after a choppy trading session 23.07.2023

US equity markets little changed on Friday (21 July) after a choppy trading session that saw the monthly expiration of US$2.3 trillion of listed stock options (the largest on record), and with investors preparing for a major rebalancing of the Nasdaq-100 after the closing bell (designed to diminish the concentration risk) - Dow eked out a +2.5-point or +0.01%, securing its tenth consecutive sessio...

Friday, 21 July 2023: US equity markets weaker, with the Nasdaq recording its biggest one-day drop in more than four months as investors r 21.07.2023

US equity markets weaker , with the Nasdaq recording its biggest one-day drop in more than four months as investors reacted to second quarter results - Dow rose +164-points or +0.47% , recording its first 9-day rally since 2017 . The broader S&P500 fell -0.68% , with Consumer Discretionary (down -3.40%) , Communication Services (-2.48%) and Information Technology (-2.04%) all falling over >...

Thursday, 20 July 2023: US equity markets settled modestly firmer as investors continued to digest second quarter results 19.07.2023

US equity markets settled modestly firmer as investors continued to digest second quarter results, including some heavyweight names after the closing bell - Dow up +109-points or +0.31% to 35,061.21, extending its rally into a eighth consecutive session (its longest winning streak in 4-years) and marking the first time that the 30-stock index has settled above 35,000 since 20 April, 2020. The broa...

Wednesday, 19 July 2023: US equity markets continued to climb, with all 3 benchmark indices settling at 15-month highs 19.07.2023
Tuesday, 18 July 2023: The S&P 500 and Nasdaq Composite closed at 15-month highs 17.07.2023

The S&P 500 and Nasdaq Composite closed at 15-month highs, while the Dow Jones Industrial Average notched a sixth straight session of gains as investors shrugged off the latest round of soft China economic data and braced for a wave of second quarter results later this week - Dow added +76-points or +0.22% to 34,585.35, marking the highest close since 30 November, 2022.

Monday, 17 July 2023: A mixed session on Friday (14 July) to close out a strong week for US equity markets 16.07.2023

A mixed session on Friday (14 July) to close out a strong week for US equity markets as investors digested second quarter results from some of America’s largest financial institutions - Dow rose +114-points or +0.33%, The broader S&P500 slipped -0.10%, snapping a four session winning streak. The index settled above the >4,500 level for the first time since 5 April, 2022 last Thursday (13 Ju...

Friday, 14 July 2023: US equity markets climbed for a fourth consecutive session as wholesale inflation cooled further 13.07.2023

US equity markets climbed for a fourth consecutive session as wholesale inflation cooled further, and ahead of the release of second quarter results from some of the US’ biggest banks tonight AEST - Dow added +47-points or +0.10%. Walt Disney Co added +0.35% after the company’s board extended Chief Executive Bob Iger’s contract for two more years, through December 2026. The broader S&P500 +0.8...

Thursday, 13 July 2023: US equity markets extended their rebound into a third consecutive session 12.07.2023

US equity markets extended their rebound into a third consecutive session as investors digested a cooler-than-expected inflation report - Dow added +86-points or +0.25%. The broader S&P500 climbed +0.74% to 4,472.16, recording its highest settlement since 8 April, 2022. Domino's Pizza Inc jumped +11.09% after the pizza chain said it entered into a new global agreement with Uber Technologies In...

Wednesday, 12 July 2023: US equity markets logged back-to-back session gains following a late rally 11.07.2023

US equity markets logged back-to-back session gains following a late rally ahead of key inflation figures tonight AEST - Dow rallied +317-points or +0.93%, marking its biggest daily percentage gain since 15 June. Salesforce.com Inc logged its biggest one day advance in four months (up +3.93%) after the client relationship software management group announced it was raising prices for some of its pr...

Tuesday, 11 July 2023: US equity markets logged their first advance in four session overnight 10.07.2023

US equity markets logged their first advance in four session overnight as investors eye key US inflation figures and the start of the US second quarter earnings season later this week - Dow rose +210-points or +0.62%, The broader S&P500 added +0.24%, with Industrials (up +1.39%) leading seven of the eleven primary sectors higher. Communication Services sat at the foot of the primary sector lea...

Monday, 10 July 2023: Stocks fell on Friday, as Wall Street struggled to shake fears that the Federal Reserve may start hiking rates again 09.07.2023

Stocks fell on Friday, and finished lower for the week, as Wall Street struggled to shake off fears that the Federal Reserve may start hiking rates again later this month. The S&P 500 lost -0.29%, the Nasdaq dipped -0.13% while the Dow dropped 187 points, or -0.55%. Energy went from worst to best sector gaining +2.06%, while materials gained +0.88%. Consumer staples fell -1.34% and health care...

Friday, 7 July 2023: U.S. stocks ended off session lows but suffered broad losses 06.07.2023

U.S. stocks ended off session lows but suffered broad losses Thursday after data showed the private sector created nearly half a million new jobs in June, sending Treasury yields higher as investors recalibrated interest-rate expectations.

Thursday, 6 July 2023: US equity markets slid on Wednesday as Wall Street resumed a holiday-shortened week 05.07.2023

US equity markets slid on Wednesday as Wall Street resumed a holiday-shortened week and digested the latest Federal Reserve meeting minutes for insights into the state of monetary policy. The Dow Jones lost 129.83 points, or 0.38%, to finish at 34,288.64. The S&P 500 fell 0.20% to end at 4,446.82, and the Nasdaq Composite slipped 0.18% to 13,791.65. The small capitalisation Russell 2000 lost -...

Wednesday, 5 July 2023: European bourses closed mixed on Tuesday, with investors in a cautious mood ahead of data releases 04.07.2023

European bourses closed mixed on Tuesday, with investors in a cautious mood ahead of data releases and the start of second-quarter earnings season. The pan-European Stoxx 600 ended +0.32 points of 0.07% higher after a day of muted trade. Health-care and tech stocks led gains, up 0.5%, as banking stocks dropped 0.6%. Germany's DAX was down +0.42% and France's CAC was down 0.17%.

Tuesday, 4 July 2023: US equity markets rose slightly Monday in a shortened session 03.07.2023

US equity markets rose slightly Monday in a shortened session that kicked off the second half of what’s already been a stellar year on Wall Street. The Dow Jones added 10.87 points, or 0.03%, to finish at 34,418.47. The S&P 500 climbed 0.12% to end at 4,455.59, while the Nasdaq Composite advanced 0.21% to 13,816.77. The small capitalisation Russell 2000 added +8.05 or +0.43%.

Monday, 3 July 2023: US equity markets rose Friday and technology names continued their staggering run 02.07.2023

US equity markets rose Friday and technology names continued their staggering run to cap off a strong start to the year, and the best first half for the Nasdaq Composite since 1983 US equity markets – The Dow up +285.18 points or +0.84% . The broader S&P500 edged 53.94 points or +1.23%. The Nasdaq +1.45% to finish at 13,787.92. The small capitalisation Russell 2000 was up 0.38%.

Friday, 30 June 2023: US equity markets rose overnight, led by the major banks after passing the Federal Reserve’s annual stress test 29.06.2023

US equity markets rose overnight, led by the major banks after passing the Federal Reserve’s annual stress test - Dow rose +269.76-points or +0.80%.

Thursday, 29 June 2023: Federal Reserve Chairman Jerome Powell said he won’t rule out back-to-back rate increases 28.06.2023

US equity markets were little changed, after Federal Reserve Chairman Jerome Powell said he won’t rule out back-to-back rate increases, in a meeting with other global central bankers - Dow shed -72-points or -0.2%. The broader S&P500 edged -0.04% lower. Energy (+1.02%) and Communications Services (0.80%) leading four of eleven sectors in the green. Apple shares added +0.6% to record highs, edg...

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