Search

Home > Morgans Financial Limited > Morgans AM: Wednesday, 11 May 2022
Podcast: Morgans Financial Limited
Episode:

Morgans AM: Wednesday, 11 May 2022

Category: Business
Duration: 00:05:47
Publish Date: 2022-05-10 23:32:23
Description: US equity markets steadied ahead of the release of key inflation data tonight AEST and with technology stocks regaining some composure after steep declines - Dow eased -84-points or -0.26%, booking a fourth consecutive session of losses (to be down -5.67%, its largest four-day percentage decline since the stretch ending 29 October, 2020). The index traded in an ~850-point range overnight, climbing as much as 500-points and sliding as much as -350-points. International Business Machines (IBM) (down -3.95%), Home Depot Inc (-1.98%), 3M Co (-2.14%) and JPMorgan Chase & Co (-2.44%) were among notable drags on the 30-stock index. The broader S&P500 added +0.25% to 4,001.05 after sliding below
Total Play: 0