Morgans AM

Morgans AM: Wednesday 6 May 2020


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US markets advanced for a second day but settle well off their session highs, with a growing number of states beginning to re-open their economies - Dow up +133-points or +0.56%, paring an earlier climb of as much as +419-points. The broader S&P500 gained +0.90%, with Healthcare (up +2.15%) and Information Technology (+1.42%) leading ten of the eleven primary sectors higher. Financials dipped -0.07%. NASDAQ +1.13%.
The Wall Street Journal reported that researchers at New York University and the University of Maryland School of Medicine said overnight that they had begun injecting people with the first of four vaccine candidates from Pfizer Inc (up +3.64%) and Germany’s BioNTech SE (+9.20%).
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Morgans AMBy Morgans Financial Limited


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