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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM Wednesday, 10 July 2024
Description: The S&P 500 and Nasdaq edged higher to fresh record closing peaks, extending gains that have been fuelled by the strong performance of technology stocks and hopes the Federal Reserve will cut interest rates soon - Dow eased -53-points or -0.13%, with Dow Inc (down -2.31%), Microsoft Corp (-1.44%) and Salesforce Inc (-1.77%) among the key index drags. Intel Corp (up +1.77%) booked a five-session winning streak, while Goldman Sachs Group Inc (+1.72%) also rose over >1.5%. Apple Inc added +0.38% to a fresh record closing high of US$228.68 that lifted the company’s market capitalisation above >US$3.5 trillion. Amazon.com Inc inched +0.03% hi...