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

Thursday, 3 April 2025: Liberation Day Tariff Promises Begin 02.04.2025

The US stock market turned up late overnight, as investors await Trumps so called “Liberation Day” tariffs.  However, since the announcement the markets have dropped in aftermarket trading , with the Dow futures down -1.8%, S&P500 futures down > -3%, and the Nasdaq futures down > -4%. So far Trump has promised a minimum 10% tariff on all countries, with larger tariffs on certain countrie...

Wednesday, 2 April 2025: Mixed Stock Market Ahead of Trumps "Liberation Day" Tomorrow 01.04.2025

The US stock was mixed overnight.   The Dow closed mostly flat, down -0.03% to 41,989 points.   Nike was the top performer, up 2.02%. While pharma companies were all sold off, with the three worst performing stocks including Johnson & Johnson down -7.59%, Merck down -2.94%, and Amgen down -1.49%. Johnson & Johnson has just had a federal judge reject a $10b class action settlement over canc...

Monday, 31 March 2025: 2nd Worst Day in 2025 For US Equities 30.03.2025

The US stock market fell for the third day in a row on Friday  – the 2nd worst day for US equities in 2025 due to tariffs expected this week and hotter than anticipated inflation numbers. The Dow  fell - 1.69% to 41,538 points, ending the week with a loss of -0.96%. 26 of the Dow 30 closed in the red. Amazon was the worst among them, falling -4.29% , alongside fell consumer stock Nike which fell -...

Friday, 28 March 2025: Tariffs, Inflation, and Corporate Earnings: What’s Shaping the Market? 27.03.2025

The US stock market fell for the second day in a row on Thursday after trading sideways for most of the session. Traders remained cautious ahead of Friday’s release of the Fed’s preferred inflation gauge .  Dow  fell -155-points to trade below 42,300 points. Shares of Goldman Sachs (-2.61%), 3M co (-2.78%) and NIVIDIA (-2.05%) each contributing to the decline, falling over >2.00%.

Thursday, 27 March 2025: Three Day Winning Streak Snapped 26.03.2025

All three major U.S. stock indices snapped a three-day winning streak as an  imminent tariff announcement from President Trump derailed the recovery from a month-long selloff -   Dow  fell -132.71-points or 0.31% lower . Nvidia Corp  fell -5.74% amid concerns about possible new restrictions on the chipmaker's sales in China . Regulators in China  have been discouraging the country’s large technolo...

Wednesday, 26 March 2025: Late Rally in Big Tech Boosts Markets Slightly 25.03.2025

US equity markets climbed slightly on Tuesday, boosted by a late rally in big tech, however gains slowed after a strong start to the week. Investors shrugged off weaker March consumer confidence data, focusing instead on economic risks and the looming threat of a trade war.

Monday, 24 March 2025: US equity markets settled with modest gains 23.03.2025

US equity markets  settled with modest gains on Friday (21 March) following a late-session rally, erasing earlier losses after comments from U.S. President Trump provided hope that previously announced tariffs expected to begin in early April may not be as burdensome as feared - Dow  edged +32-points or +0.08% higher , with Boeing Co rising +3.06% after the Trump administration awarded the plane m...

Friday, 21 March 2025: Uncertainty around the U.S. economy continued to weigh on equities 20.03.2025

US equity market   ticked lower on Thursday as uncertainty around the U.S. economy continued to weigh on equities, thwarting the market’s attempts at recovery from a monthlong rout. The Dow Jones closed around the flatline -11.31 points, or 0.03%, closing at 41,953.32. The S&P 500 lost -12.40 points or 0.22%, to close at 5,662.89. The Nasdaq Composite dipped -59.16 points or 0.33% to 17,691.63...

Thursday, 20 March 2025: Markets Rally as S&P Claws Back More 19.03.2025

US equity markets rallied on Wednesday, with the S&P 500 clawing back more of the rout since late February that took the benchmark briefly into correction territory. The Dow Jones climbed 383.32 points, or 0.92%, closing at 41,964.63. The S&P 500 added 60.63 points or 1.08%, to close at 5,675.29. The Nasdaq Composite jumped 246.67 points or 1.41% to 17,750.79. The Dow and the S&P 500 a...

Tuesday, 18 March 2025: Markets Build on Their Comeback After a Month Long Rout 17.03.2025

US equity markets rose on Monday, building on their comeback from a four-week rout on Wall Street after mixed economic data and ahead of talks between U.S. President Donald Trump and Russian President Vladimir Putin aimed at ending the Ukraine war.  The S&P 500 gained 0.65% to close at 5,675.12, while the Nasdaq Composite climbed 0.31% and ended at 17,808.66. The Dow Jones Industrial Average a...

Friday, 14 March 2025: Big Tech Continuing to Hurt Indices 13.03.2025

US equity markets weaker on Wednesday , big tech continuing to hurt indices, with select Consumer names also being sold off. US PPI came in a touch below expectations, which followed a CPI print below expectations the day prior, but tariffs (and the threat of tariffs) were louder and seemed the focus of market moves. The Dow   fell 537 points  or -1.30%. Apple continued its negative trajectory, sh...

Thursday, 13 March 2025: Tech Names in the Green, Consumer Staples Down 12.03.2025

US equity markets mixed on Wednesday , select beaten up tech names in the green, while large Consumer Staples continued to pull back, as US annual inflation rate fell to 2.8% in February, below forecasts of 2.9%.  The core rate, which excludes volatile food and energy prices, was 3.1% versus expectations of 3.2%. The Dow  slipped 82 points  or -0.20%.

Wednesday, 12 March 2025: US Equity Markets Weaker Again 11.03.2025

US equity markets were again weaker on Tuesday , tariffs (both actual and threatened) making investors skittish. The Dow  fell 478 points  or -1.14%. Verizon Communications, the worst performer in the Dow, fell -6.58% after the telecommunications company said at a conference that it has "been a challenging quarter from a competitive intensity standpoint." Verizon anticipates first-quarter postpaid...

Tuesday, 11 March 2025: Will Tariff Policy Lead Markets to a Recession? Investors Worry as Markets Weaken More 10.03.2025

US equity markets were again weaker on Monday , investors worried that tariff policy uncertainty would tip the economy into a recession, something President Donald Trump did not rule out over the weekend in an interview.   'Risk-off' sentiment can definitely be seen in US market trading. The Dow  fell 890 points  or -2.08%, the 30-stock index dragged down by Nvidia, Goldman Sachs and Apple, down -...

Monday, 10 March 2025: US equity markets advanced, recovering from steep losses 09.03.2025

US equity markets advanced , recovering from steep losses earlier in the session following a lacklustre jobs report and after Federal Reserve Chair Jerome Powell said the economy remains in good shape .  T he Dow  was up 222 points  or 0.52%, the 30-stock index led by IBM ( up 5.1%),  and Verizon Communications (up 4.14%)  leading the charge . The broader  S&P500 gained +0.55% , with Utilities...

Friday, 7 March 2025: Investors digest Trumps Tariffs 06.03.2025

U.S. equity markets were down overnight as the market digests Trumps whipsawing tariff decisions.    The Dow was down -0.92% to 42,612 points. Nvidia was the main drag, falling -5.52% after CFO Colette Kress stated it would take some time for them to meet demand for their Blackwell chips . Goldman Sachs was also weak, falling -4.27% . The broader S&P500 fell -1.69% to 5,743 points . Energy was...

Thursday, 6 March: US equity markets advanced following two session of heavy losses as investors 05.03.2025

US equity markets advanced following two session of heavy losses as investors eyed a near term reprieve for the automotive sector from President Trump’ tariff measures that may be a portent of further concessions - Dow rose +486-points or +1.14% Microsoft Corp (up +3.23%) and Caterpillar Inc (+3.59%) both rallied over >3% to be the leading performers in the 30-stock index.

Wednesday, 5 March 2025: US Equity Markets weaker, extending losses 04.03.2025

US equity markets weaker , extending the steep losses recorded a day earlier albeit settling off their worst levels of the session as tariffs of 25% on Canada and Mexico took effect - Dow shed -670-points or -1.55% to 42,520.99 , having fallen as much a -843 points at its session low.  A close below 40,512.64 would mark a correction  (defined as a 10% fall from the most recent peak) from the index...

Tuesday, 4 March 2025: US Markets Fell Sharply After Tariff Announcement 03.03.2025

US equity markets fell sharply , unwinding opening gains as President Trump  said that tariffs against Mexico and Canada will  go ahead as planned tonight AEST (and also signed an action to impose an additional 10% duty on China, according to an administration official), while investors also digested signs of a fresh spike in inflation pressures - Dow dropped -650-points or -1.48% . Nvidia Corp  f...

Monday, 3 March 2025: US equity indices settled with solid gains 02.03.2025

Benchmark  US equity indices  settled with  solid gains  on Friday (28 February) on heavy volume to close out a dreary February on a brighter note, with investors digesting the  latest inflation figures  that pushed  US Treasury yields  to  fresh multi-month lows  - Dow rose +601-points  or  +1.39% , with  26 of 30 index components advancing .

Friday, 28 February 2025: Markets negative after Nvidia results and Tariff talks 27.02.2025

Wall Street trading got off to a negative start on Thursday following earnings from AI-darling Nvidia overnight and an update from Donald Trump regarding his proposed tariffs on a number of America's largest trading partners. The DOW falling 193 Points or -0.45% to 43,239 points (-3.30% for the month) The broader S&P500 fell 93 points or 1.57% to 5,862 points (-2.24% for the month) The Nasdaq...

Thursday, 27 February 2025: NVIDIA impresses and beats expectations 26.02.2025

US equity markets were mixed again on Wednesday trading with The DOW falling 188 Points or -0.43% The broader S&P500 was virtually unchanged settling one point higher at 5,956 points. The Nasdaq posted modest gains up 48 points or +0.26% to 19,075 points. The Russell 2000 Index was also marginally up by 4 Points to close at 2,174 down 0.20% for the session.

Wednesday 26 February 2025: Mixed markets again 25.02.2025

US equity markets were mixed again on Tuesdays trading with The DOW up 159 Points or +0.37% The broader S&P500 was negative losing 27 Points or 0.45% to settle at 5,955 points And again, the Nasdaq was the worst performing index falling 260 points or -1.35% to 19,026 points. The Nasdaq’s loss today pushing it to a 4-day loss of around 5% the most since Sept 2024 The Russell 2000 Index fell 8 P...

Monday, 24 February 2025: US Markets heavily retreat with the DOW down 750 Points 23.02.2025

US equity markets retreated heavily on Friday The DOW down 750 Points or -1.7% amid reports of increased volatility and a potential correction sited by Goldman Sacs as being related to some 2.7 Trillion in derivatives that are set to expire. Only the consumer staples sector was positive during the session up 1% whilst Consumer discretionary was the worst sector down 2.77%.  The Energy, IT and Indu...

Friday, 21 February 2025: Stocks declined on Thursday after two consecutive record highs for the S&P 500 20.02.2025

Stocks declined on Thursday after two consecutive record highs for the S&P 500, as investors sold off popular stocks following Walmart’s cautious forecast, raising concerns about the broader economic outlook. It was red across the board with all four major US indices closing down.   Dow:  down 451pts or -1.01% (44,176pts) S&P500:  down 26.6pts or -.43% (6,117pts) Nasdaq:  down 94pts or -.4...

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