Morgans Financial Limited

Morgans AM: Thursday 19 March 2020


Listen Later

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 <20,000 for the Dow since February 2017 (with the index dipping below 19,000 during the session).  The Dow Jones remains about 1,400 points above its level on 7 November, 2016, a day before Trump won the US presidential elections. At its record close on 12 February, 2020 (29,348.03) the index had gained more than >60% since that date.
...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

9,632 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

63 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

20 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

10 Listeners

The Rest Is History by Goalhanger

The Rest Is History

15,843 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

46 Listeners

The Front by The Australian

The Front

45 Listeners

Chanticleer by Australian Financial Review

Chanticleer

18 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