Morgans AM

Morgans AM: Thursday 12 December 2019


Listen Later

US equity markets snapped a two session slide, settling with modest gains as investors digested a cautious message from the Federal Reserve - Dow up +30-points or 0.11% Home Depot Inc fell -1.81% after posting a disappointing preliminary outlook for fiscal year 2020 ahead the company’s Investor Day. Home Depot expects sales and same-store sales growth of about 3.5% to 4% versus the current consensus for sales and same-store sales growth of 4.3%.The broader S&P500 +0.29%, with Materials (up +0.71%) and Information Technology (+0.71%) leading eight of the eleven primary sectors higher. The NASDAQ rose +0.44%. All three benchmarks ended Tuesday within 1% or less of their record closes set nearly two weeks ago on 27 November.
...more
View all episodesView all episodes
Download on the App Store

Morgans AMBy Morgans Financial Limited


More shows like Morgans AM

View all
NAB Morning Call by Phil Dobbie

NAB Morning Call

20 Listeners