Morgans AM

Friday, 9 December 2022: US equity markets rebounded


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US equity markets rebounded - Dow gained +184-points or +0.55%, The broader S&P500 added +0.75%, arresting a five session losing streak (which marked the longest losing streak since the six sessions of consecutive losses ended 12 October). Information Technology (up +1.59%) and Consumer Discretionary (+1.05%) rose over >1% to lead nine of the eleven sectors higher. Energy (down -0.46%) and Communication Services (-0.50%) were the only primary sectors not to advance. The Nasdaq rose +1.13%, with Nvidia Corp and Amazon.com Inc adding +6.51% and 2.14%, respectively. The small capitalisation Russell 2000 gained +0.63%.
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Morgans AMBy Morgans Financial Limited


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