Morgans Financial Limited

Morgans AM - Thursday, 7 August 2025


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Technology majors led the latest advance on US equity markets - Dow rose +81-points or +0.18% Apple Inc rallied +5.09% to be the leading performer in the 30-stock index after a White House official confirmed that the iPhone maker will announce an additional US$100B investment in the U.S., building on a commitment from earlier this year for US$500B in investments over the next four years. The company is also expected to announce a new American manufacturing program that aims to move more of its supply chain and advanced manufacturing stateside and that is meant to encourage other companies to boost manufacturing of critical components in the U.S. Chief Executive Officer (CEO) Tim Cook and President Trump formally confirmed the announcement after the close of the session. Amazon.com Inc (+4.0%) and Walmart Inc (+4.08%) both gained ~4%.
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