The Fed needs to slow the economy to a long term sustainable growth rate, before it can cut rates.

The Dow Jones fell slightly on Tuesday as investors awaited more clues on the Federal Reserve’s next monetary policy move. The Dow closed 22.65 points lower, or +0.1%, while the Nasdaq gained +0.5% and S&P500 rose +0.1% as Facebook and Amazon shares gained more than 1% each.

In the latest Morgans Startup Series, Morgans Adviser Chris Titley chats to Alex Dreiling, co-founder, and CEO of Clipchamp. Clipchamp is a video platform that provides all the tools required to produce beautiful and impactful video content.

Clipchamp has 7 million registered users worldwide, including team members from companies such as Google, Tesla, Sony, Microsoft, and Deloitte. Further, the platform is trusted by SMEs and mid-large corporates, mum-and-dad businesses, educational organisations, solopreneurs as well as influencers and creatives from around the globe. Based in Brisbane, Clipchamp was founded in 2014 by four co-founders, Alex Dreiling, Soeren Balko, David Hewitt, and Tobi Raub. Collectively, they have raised AU$2.65 million in funding to date.

US Stocks fell on Monday as losses in Apple shares pressured the broader tech sector. Investors also braced for key testimony from the top Federal Reserve official later this week. The Dow fell 115.98 points or -0.43%, the S&P500 was down -0.48% and the NASDAQ lost -0.78%.

US equity markets resumed trading after the Independence Day holiday and settled with modest losses after a strong rebound in US job growth in June reduced hopes of an aggressive interest rate cut by the Federal Reserve this month. The Dow was down -44 points or -0.16% but pared an earlier session decline of around 233 points. The loss snapped a four-session winning streak that lifted the blue chip index to a record intra-day and closing high last Wednesday of 26,966. The broader S&P500 slipped -0.18%, recovering from an earlier slide of roughly 1%. The NASDAQ logged its first fall in seven sessions, down -0.10%. For the week, the Dow rose +1.21%, S&P500 +1.65% and Nasdaq +1.94%.

US equity markets resumed trading after the Independence Day holiday and settled with modest losses after a strong rebound in US job growth in June reduced hopes of an aggressive interest rate cut by the Federal Reserve this month. The Dow was down -44 points or -0.16% but pared an earlier session decline of around 233 points. The loss snapped a four-session winning streak that lifted the blue chip index to a record intra-day and closing high last Wednesday of 26,966. The broader S&P500 slipped -0.18%, recovering from an earlier slide of roughly 1%. The NASDAQ logged its first fall in seven sessions, down -0.10%. For the week, the Dow rose +1.21%, S&P500 +1.65% and Nasdaq +1.94%.

Laurence Baynham, Chief Executive Officer and Managing Director for Data#3 (ASX: DTL) gave an astute presentation at Morgans Business Breakfast this June. Laurence provided an understanding of Data#3 as a company as well as highlighting its current position in the technology sector.

To view the video at 16:13 please visit: http://www.youtube.com/watch?v=SCGV1tNBoeU

To view the video at 23:11 please visit: https://www.youtube.com/watch?v=lAkuJXGldrM

The RBA still needs two more rate cuts to support household consumption and lift inflation towards the RBA target.

US equity and bond markets were CLOSED overnight for the Independence Day holiday. On the US-China trade front, US National Economic Council director, Larry Kudlow said trade officials from the US and China were already talking and would continue to hold telephone calls over the coming week and schedule face-to-face meetings, Bloomberg reported. Separately, China Commerce Ministry spokesman Gao Feng said existing US tariffs must be removed for a trade deal to be struck but confirmed the two nations had restarted negotiations.

Fresh gains for US equity markets in what was an abbreviated session ahead of the Fourth of July holiday tonight AEST, with both the Dow and Nasdaq joining the S&P500 index in posting fresh record highs. The gains came after another round of soft economic data that further fueled investors' expectations of interest rate cuts - Dow up +179-points or +0.67% to settle at is best levels of the session and log a record intra-day and closing high (26,966) . It was the first record for the Dow since 3 October, 2018, marking 188 sessions and the longest period between record for the index since it went 290 sessions without hitting an all-time high between 19 May, 2015 and 12 July, 2016 (source: Dow Jones Market Data). Boeing Co (up +0.09%) has $100 million to support the families of victims and others affected by two crashes of its 737 Max jetliner, which killed 346 people and have led to scores of lawsuits. The broader S&P500 rose +0.77% to notch its third consecutive record close (2,995.82) and move within touching distance of the 3,000 mark. The technology-centric NASDAQ gained +0.75% to 8,170.23 and its first record closing high since 3 May. Symantec Corp surged +13.57% following a Reuters report that the cybersecurity company is in talks to be acquired by chipmaker Broadcom Inc (down -3.5%. The two companies are targeting an announcement by mid-July. US equity and bond markets are closed tonight AEST for the Independence Day holiday.