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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM: Tuesday, 23 July 2024
Description: Technology stocks led a rebound on US equity markets following steep losses last week - Dow added +128-points or +0.32%, with Nike Inc (up +2.97%) and Salesforce Inc (+2.6%) both gaining over >2.5% to be the leading performers in the 30-stock index. The broader S&P500 gained +1.08%, logging its best session since 5 June as more than >77% of index constituents advanced. Information Technology (up +1.96%), Communication Services (+1.21%) and Industrials (+1.07%) all rose over >1% to lead nine of the eleven primary sectors higher. Energy (down -0.72%) and Consumer Staples (-0.04%) were the only primary sectors to settle in the red overnight. Reddit Inc gained +5.3% after the social media...