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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM - Wednesday 5 February 2025
Description: U.S. equity markets were up as the investors heaved a sigh of relief after Trump agreed to hit pause on his planned tariffs with Canada and Mexico. However he then announced tariffs on China due to kick in on Tuesday. China has responded by announcing its own tariffs on U.S coal, LNG and crude, as well as a probe into Google. The Dow 30 was up 0.30% to 44,556 points. Merck fell -9.05% despite beating quarterly forecasts. The stock fell after 2025 guidance was weaker than expected due to weaker than expected demand for their vaccine Gardasil.