Morgans AM

Morgans AM: Tuesday 19 November 2019


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The benchmark US equity indices inched higher to carve out fresh record closing highs - Dow up +31-points or +0.11% to 28,036, with Walt Disney Co (up +%) the leading index performer. The broader S&P500 edged +0.05% higher to 3,122, NASDAQ eked out a +0.10% gain to 8,549. J.P. Morgan Asset Management upgraded its outlook for global equities overnight, citing hopes for a breakthrough in US-China trade talks, a reduced risk of a US recession and a moderately positive earnings outlook.
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Morgans AMBy Morgans Financial Limited


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