Morgans AM

Morgans AM Thursday 5 December 2019


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•US markets advanced for the first time in four sessions as the narrative around a US-China trade deal again turned positive - Dow up +147-points or +0.53%, snapping a three session losing streak. The broader S&P500 +0.63%, NASDAQ +0.54%. Alphabet Inc gained +1.95% after Google’s parent said Chief Executive Officer (CEO) Larry Page is stepping down and will be replaced by Sundar Pichai, currently CEO of Alphabet’s Google unit. Bloomberg News, citing sources familiar, reported that Beijing and Washington were making progress toward a phase-one trade pact despite tensions over Hong Kong and Xinjiang.
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Morgans AMBy Morgans Financial Limited


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