Morgans AM

Morgans AM: Thursday 19 March 2020


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US equity markets suffered another round of sharp selling albeit the benchmark indices rallied off their lows in the final minutes of trading after the Senate passed a bill Wednesday to expand paid leave and unemployment benefits in response to the coronavirus pandemic  - Dow dropped -1,335-points or -6.29% to 19,898.92 trading down as much –2,320points or ~11% to 18,917.46 and below the levels the index was trading at a day before Donald Trump was inaugurated as President (i.e.19,732.40 on 19 January, 2017). It also marked the first close below 60% since that date.
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Morgans AMBy Morgans Financial Limited


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