Morgans Financial Limited

Morgans AM: Thursday 1 August 2019


Listen Later

US equity markets fell sharply in what was a volatile trading session to conclude the month as investors unpicked the latest pronouncements from the Federal Reserve - Dow down -333-points or -1.23%, paring an earlier -478-point tumble. The broader S&P500 fell -1.09% (to 2,980.38), sliding back under <3,000. The overnight move also saw the index snap a 36-session streak in which it didn't move up or down more than >1%. The technology-centric NASDAQ -1.19%, despite Apple Inc (up +2.04%) trading at its highest level in nine months (US$221.37) following the release of its fiscal third quarter numbers after the closing bell of the previous session and providing an upbeat forecast for the current quarter. However, Advancd Micro Devices Inc fell -10.1% after the chip company projected weaker-than-expected revenue growth for the current quarter after the close of the previous session. For the month, the Dow gained +0.99%, S&P500 +1.31% and Nasdaq +2.11%.
...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

9,634 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

49 Listeners

Your Wealth by NAB

Your Wealth

6 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

62 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

20 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

9 Listeners

The Rest Is History by Goalhanger

The Rest Is History

15,841 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

47 Listeners

The Front by The Australian

The Front

45 Listeners

Chanticleer by Australian Financial Review

Chanticleer

19 Listeners

The Fin by Australian Financial Review

The Fin

24 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

5 Listeners