Morgans Financial Limited

Morgans AM: Thursday 17 October 2019


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US equity markets eased as US-China trade caution lingered - Dow dipped -23-points or -0.08% The broader S&P500 -0.20%, General Motors Co rose 1.10% after the US automaker reached a tentative four-year labour deal with the United Auto Workers union, moving the sides closer to ending the month-long strike. The technology-centric NASDAQ eased -0.30%. MGM Resorts International fell 1.6% after it announced late in the session that it would sell its Circus Circus casino resort in Las Vegas and a huge interest in its Bellagio resort.
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