Morgans AM

Morgans AM: Thursday 30 January 2020


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US equity markets settled  little changed  as some solid corporate earnings releases offset ongoing concerns around the coronavirus outbreak - Dow edged +12-points or +0.04% higher, with Apple Inc (up +2.1% and touching an intra-day record high of US$324.34), McDonald’s Corp (+1.9%) and Boeing Co (+1.7%) keeping the index in the black. However, Goldman Sachs Group Inc fell -% after hosting their first even Investor Day. The broader S&P500 dipped -0.09%, while the technology-centric NASDAQ eked out a +0.06% gain. Chip maker Advanced Micro Devices Inc lost -5.9% after posting disappointing data centre sales and providing a soft outlook late in the previous session.
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Morgans AMBy Morgans Financial Limited


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