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	Podcast:		Morgans Financial Limited
	Episode:		Morgans AM: Thursday, 24 February 2022
	Category:		Business
	Duration:		00:04:30
	Publish Date:		2022-02-23 22:55:26
	Description:		The Dow and S&P500 extended losses into a fifth consecutive session following a late-session sell-off as escalating tensions dragged the benchmark indices to fresh 2022 lows - Dow down -465-points or -1.38%, just avoiding falling into official correction territory. The broader S&P500 pushed further into official correction territory, falling -1.84% and unwinding an earlier rally of as much as +0.9%. Consumer Discretionary (down 3.42%) and Information Technology (-2.56%) led ten of the eleven primary sectors lower. Energy (up +1.01%) was the only primary sector to advance. The technology-centric Nasdaq shed -2.57%, with e-commerce giant Amazon.com Inc down 3.58%, and Apple Inc -2.59%. The Dow and Nasdaq closed below their 24 January intra-day lows of 33,150.33 and 4,222.62 respectively. The small capitalisation Russell 2000 lost 1.82%.
	Total Play:		0