Morgans AM

S&P 500 and Nasdaq Composite retreated for a third straight session


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The S&P 500 and Nasdaq Composite retreated for a third straight session amid a fresh rotation out of large cap technology into small capitalisation and value stocks - Dow added +81-points or +0.20% but settled well off its session highs. International Business Machines (IBM) Corp climbed +4.33% and was the leading performer in the 30-stock index. Boeing Co (up +2.38%), Caterpillar Inc (+2.46%) and Salesforce Inc (+2.7%) all rallied over >2%. Microsoft Corp shed -2.45%.
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Morgans AMBy Morgans Financial Limited


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