Morgans Financial Limited

Morgans AM: Tuesday 9 April 2019


Listen Later

US equity markets mixed after a relatively quiet session - Dow down -84-points or -0.32% , with Boeing Co down -4.44% after Bank of America Merrill Lynch cut its rating on the aerospace giant to neutral from buy. The investment bank said it expects production of the 737 Max jet to be delayed by six to nine months. General Electric Co fell -5.19% after J.P. Morgan downgraded the company, noting they believe that "many investors are underestimating the severity of the challenges and underlying risks at GE, while overestimating the value of small positives.” The broader S&P500 edged +0.10% higher to extend its run of gains into an eighth consecutive session - matching its longest streak of daily gains since a run that ended on 5 October, 2017 - and now sits within 2% of its record closing high hit in September last year. The NASDAQ +0.19%. Tesla Inc fell -0.64% after Morgan Stanley cut its target price on the electric vehicle maker for the third time this year (to US$240 per share from US$260 previously).
...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

9,646 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

48 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

65 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

22 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

9 Listeners

The Rest Is History by Goalhanger

The Rest Is History

15,833 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

47 Listeners

The Front by The Australian

The Front

45 Listeners

Chanticleer by Australian Financial Review

Chanticleer

19 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