Morgans Financial Limited

Morgans AM: Monday 8 April 2019


Listen Later

US markets closed the week on a positive footing, with sentiment buoyed by a solid March jobs report and some fresh upbeat commentary around the US-China trade negotiations - Dow up +40-points or +0.15% The broader S&P500 +0.46% to log its seventh consecutive session gain - its longest such winning streak since October 2017. Constellation Brands Inc (up +0.97%) rebounded from an earlier fall following a downgrade from Deutsche Bank to a hold rating from buy. NASDAQ +0.59%. China's Xinhua News Agency reported that Chinese President Xi Jinping said in a letter to President Trump that substantial progress had been made in US-China talks over the past months and called for negotiations to be wrapped up as soon as possible. This followed comments last Thursday (4 April) from President Trump, who said the US and China were “rounding the turn” in lengthy talks and predicted that “something monumental” for both countries could be announced in a matter of weeks. For the week, the Dow rose +1.9%. The S&P500 advanced +2.1%, with Materials (up +4.3%) and Financials (+3.3%) the best performing sectors. The technology-centric Nasdaq rose +2.7%.
...more
View all episodesView all episodes
Download on the App Store

Morgans Financial LimitedBy Morgans Financial


More shows like Morgans Financial Limited

View all
Pivot by New York Magazine

Pivot

9,650 Listeners

CommSec Market Update by CommSec

CommSec Market Update

12 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

19 Listeners

The Money Puzzle by The Australian

The Money Puzzle

50 Listeners

Your Wealth by NAB

Your Wealth

5 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

10 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

67 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

21 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

8 Listeners

The Rest Is History by Goalhanger

The Rest Is History

15,846 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

45 Listeners

The Front by The Australian

The Front

46 Listeners

Chanticleer by Australian Financial Review

Chanticleer

19 Listeners

The Fin by Australian Financial Review

The Fin

23 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

5 Listeners