Morgans Financial Limited

Morgans AM - Monday, 9 March 2026


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US equity markets retreated as oil prices continued to soar as the war between the US and Iran showed no signs of a resolution, while investors also digested the latest jobs figures - Dow fell -453-points or -0.95% paring an earlier decline of close to -950-points or ~2%. Caterpillar Inc (down -3.57%) and Nvidia Corp (-3.01%) fell over >3%. Boeing Co rallied +4.08% following a Bloomberg report that it was nearing one of the largest sales in its history, a 500-aircraft order for 737 Max planes, which would be unveiled when President Trump visits Beijing from 31 March to 2 April for his first state visit to China since 2017. "The two sides are also in talks for a widebody sale that includes about 100 Boeing 787 Dreamliner and 777X jets," the report added.
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