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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM: Tuesday, 24 October 2023
Description: US equity markets settled mostly lower, with the Dow and S&P500 recording their lowest closing levels since 31 May - Dow fell -191-points or -0.58%, settling lower for a fourth straight session. However, Walgreens Boots Alliance (WBA) Inc rallied +3.29% to US$21.96 after JPMorgan turned bullish on the healthcare-services and pharmacy chain, citing a “new era” for the company under Chief Executive Officer (CEO) Tim Wentworth. WBA hit a 25-year intra-session low of US$20.48 last Friday (20 October).