Morgans Financial Limited

Morgans AM: Friday, 1 December 2023


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US equity markets rallied to cap a strong November performance as investors pondered the latest inflation figures - Dow rallied +520-points or +1.47% to 35,950.89, logging a fresh 2023 high and highest close since 13 January, 2022. Salesforce Inc jumped +9.36% following the company’s better-than-expected fiscal third quarter result after the close of the previous session. Walt Disney Co (up +0.21%) declared its first dividend since early 2020 as the company faces fresh activist pressure from investor Nelson Peltz, announcing a cash dividend of US$0.30c per share.
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