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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM: Tuesday, 17 December 2024
Description: US equity mostly firmer top open a week punctuated by major global central bank meetings and inflation data - Dow fell -111-points or -0.25%, recording an eight straight session decline to book its longest stretch of daily losses since 2018. Unitedhealth Group Inc (down -4.22%), Verizon Communication Inc (-3.31%) and Chevron Corp (-2.93%) logged the sharpest falls in the 30-stock index overnight. Nvidia Corp lost -1.92% to US$131.46 and entered official correction territory (down over >10% from its 7 November all-time high of US$148.88). Honeywell International Inc (up +3.68%) was the leading Dow component overnight as the conglomerate issued an update on its...