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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM - Thursday, 8 May 2025
Description: US equity markets advanced after a choppy session as investors digested the latest corporate earnings releases and the Federal Reserve’s monetary policy decision and soundbites from President Trump on tariffs and trade restrictions - Dow rose +285-points or +0.70%. Nvidia Corp (+3.10%) and the broader chip sector got a boost late in the session after Bloomberg reported that the Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions.