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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM: Tuesday, 15 August 2023
Description: US equity markets recovered from earlier session losses, buoyed by a rebound for some megacap technology names and with investors eying earnings reports from some major retailers and along with the latest retail sales figures that could shed some light on the health of the US consumer - Dow edged +26-points or +0.07% higher, The broader S&P500 rose +0.58%, with Information Technology (up +1.85%) and Communication Services (+1.04%) rising over >1% and leading six of the eleven primary sectors higher. The more defensive Utilities (down -0.83%), Real Estate (-0.54%) and Consumer Staples (-0.52%) sat at the foot of the primary sector leaderboard. Tesla Inc...