Morgans Financial Limited

US equity markets retreated as Federal Reserve Chair Jerome Powell signaled that the strength of the economy could warrant some patience with future rate cuts.- Dow fell -207-points or 00.47%. The Federal Trade Commission (FTC) is preparing to launch an investigation into anti-competitive practices at Microsoft’s cloud computing business, as the US regulator continues to pursue Big Tech in the fin...

US equity markets settled little changed as investors digested a benign October inflation report - Dow added +47-points or +0.11%, unwinding an earlier rally of as much as +230-points. Amazon.com Inc (up +2.48%) and Chevron Corp (+2.21%) both gained over >2%. Boeing Co (down -3.58%) was the worst performer in the 30-stock index overnight.

Morgans AM: Wednesday, 13 November 2024 by Morgans Financial

The benchmark US indices edged their way to fresh record highs, with the Dow and S&P 500 settling above 44,000 and 6,000 respectively for the first time ever - Dow gained +304-points or +0.69% to 44,293.13. Salesforce Inc (up +6.14%) was the leading performer in the 30-stock index, while Goldman Sachs Group Inc (+2.22%) and Honeywell International Inc (+2.62%) gained over >2%.

This week, host Chris Titley speaks with Robert Bruce, Portfolio Manager at Acorn Capital. With extensive expertise in investment strategy and portfolio management, Robert brings a wealth of experience in identifying high-potential opportunities across a range of asset classes.

US equity markets extended their rally, lifting the benchmark indices to fresh record highs to cap their best week in a year following Donald Trump’ sweeping election victory and after the Federal Reserve cut its benchmark interest rate by -25 basis points - Dow rose +260-points or +0.59% to 43,988.99, briefly crossing 44,000 for the first earlier in the session. Salesforce Inc +3.59% was the lead...

The post-election rally rolled on, lifting the S&P 500 and Nasdaq to fresh record highs for a second session in-a-row as investors also digested the latest rate cut and monetary policy pronouncements from the Federal Reserve. - Dow flat.

The benchmark US equity indices roared to fresh all-time highs following a resounding election victory for the Republican party and president elect Donald Trump - Dow soared +1-508 points or +3.57% to 43,729.93. Investment banks Goldman Sachs Group Inc (+13.10%) and JPMorgan Chase & Co (11.54%) to be the leading performers in the 30-stock index, while American Express Co (up +6.97%), Caterpillar I...

Large capitalisation technology stocks led US equity markets higher as investors awaited the results U.S. presidential election - Dow rose +427-points or +1.02%. Intel Corp rose +3.55%, more than recouping the previous session’s -2.93% decline to be the leading performer in the 30-stock index. Goldman Sachs Group Inc rose +3.03%. Boeing Co lost -2.62% despite workers voting by 59% to end their str...

This week, host Chris Titley chats with Chris Stott, Chief Investment Officer and Portfolio Manager at 1851 Capital. With deep expertise in investment strategy and portfolio management, Chris brings a wealth of experience in identifying high-potential opportunities across various asset classes.

Morgans AM: Tuesday 5 November 2024 by Morgans Financial

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 performers in the 30-stock index, with both companies pos...

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 -3.57%) leading nine of the eleven primary sectors lo...

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 (down -2.63%), Intel Corp (-2.62%) and Nike Inc (-2.4...

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 portfolio management strategies. Whether you’re an inv...

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%.

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 manufacturer of industrial, safety, and consumer produc...

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 news that an E. coli outbreak in several states w...

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. Boeing Co -1.19% after the International Associati...

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 Prevention (CDC) said they were investigating an E....

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 were investigating an E. coli outbreak possibly l...

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 landscape. Whether you’re a seasoned investor, fund...

Morgans AM: Tuesday, 22 October 2024 by Morgans Financial

Morgans AM: Monday, 21 October 2024 by 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%) were the leading performers in the 30-stock index...