Apple Inc’s announcement after the close of the previous session that their second quarter earnings guidance was under pressure from the coronavirus impact weight on US equity markets  - Dow down -166points or -0.54% Apple Inc fell -1.8%, closing well off its session lows (US$314.61) that saw the stock down as much as -3.2%. The broader S&P500 -0.32%, General Electric Co fell -0.62% after The Wall Street Journal reported that the Trump administration may stop it from selling jet engines to China. However, the technology-centric NASDAQ inched +0.01% higher to eke out a fresh record closing high (9,732.74). Netflix Inc rose +1.9% to touch its highest level since July 2018.

US equity and bond markets were CLOSED overnight in observance of Presidents Day. Apple Inc warned earlier this morning AEST that it no longer expects to meet the revenue guidance it offered in late January for the quarter ending in March, citing the effects of the coronavirus. The company said in a statement posted to the Apple website that iPhone supply would be temporarily constrained, with manufacturing partners in China resuming production more slowly than had been anticipated, while the disease has also affected demand for Apple products in China.

US equity and bond markets were CLOSED overnight in observance of Presidents Day. Apple Inc warned earlier this morning AEST that it no longer expects to meet the revenue guidance it offered in late January for the quarter ending in March, citing the effects of the coronavirus. The company said in a statement posted to the Apple website that iPhone supply would be temporarily constrained, with manufacturing partners in China resuming production more slowly than had been anticipated, while the disease has also affected demand for Apple products in China.

US equity markets closed little changed heading into the holiday long weekend, with uncertainties surrounding the coronavirus epidemic and some downbeat economic data weighing on investor sentiment for much of the session  - Dow slipped -25-points or -0.09%, paring a decline of over >100-points earlier in the session.  The broader S&P500 edged +0.18% higher (to 3,380.16), with Real Estate (up +1.11%) and Utilities (+0.65%) leading eight of the eleven primary sectors higher. Energy (down -0.81%) was the worst performing primary sector. The technology-centric NASDAQ added +0.20% (to 9,731.18). Both the S&P500 and Nasdaq eked out fresh record closing highs. A CNBC report that the Trump administration could introduce a tax incentive for people earning less than

US equity markets closed little changed heading into the holiday long weekend, with uncertainties surrounding the coronavirus epidemic and some downbeat economic data weighing on investor sentiment for much of the session  - Dow slipped -25-points or -0.09%, paring a decline of over >100-points earlier in the session.  The broader S&P500 edged +0.18% higher (to 3,380.16), with Real Estate (up +1.11%) and Utilities (+0.65%) leading eight of the eleven primary sectors higher. Energy (down -0.81%) was the worst performing primary sector. The technology-centric NASDAQ added +0.20% (to 9,731.18). Both the S&P500 and Nasdaq eked out fresh record closing highs. A CNBC report that the Trump administration could introduce a tax incentive for people earning less than

Individual tax cuts and rising real wages mean more Americans are seeking work.

Individual tax cuts and rising real wages mean more Americans are seeking work.

Morgans Analyst Iain Wilkie and Senior Analyst Scott Power, close out on the week that was 14/02/2020. Providing a rundown of the ASX listed healthcare index, outlining some key catalysts to look forward to, and list a number of names to watch out for.

Morgans Analyst Iain Wilkie and Senior Analyst Scott Power, close out on the week that was 14/02/2020. Providing a rundown of the ASX listed healthcare index, outlining some key catalysts to look forward to, and list a number of names to watch out for.

US equity markets eased back from record highs amid some fresh uncertainty around the coronavirus outbreak in China, which offset another round of solid corporate earnings releases - Dow fell -128-points or -0.40%. Boeing Co fell -0.75%, with Southwest Airlines Co (up +0.10%) saying that it will extend the period the 737 MAX planes are removed from flight schedules to 10 August from 6 June. The broader S&P500 dipped -0.16% after notching a fresh record intra-day high (3,385.09). NASDAQ slipped -0.13%but also logged a record intra-day high (9,748.32).