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	Podcast:		Morgans Financial Limited
	Episode:		Morgans AM: Wednesday, 23 February 2022
	Category:		Business
	Duration:		00:07:02
	Publish Date:		2022-02-22 22:51:03
	Description:		US equity markets resumed trading after the Presidents’ Day long weekend firmly on the backfoot as the geopolitical developments between Russia and Ukraine continued to dent investor sentiment - Dow shed -483-points or -1.42% to its lowest close since 18 June last year (33,596.61) after falling more than >700-points earlier in the session. The broader S&P500 lost -1.01% to 4,304.76, the lowest close since 4 October last year and settling in official correction territory (down just over >10% from its 3 January all-time high of 4,796.64). ~76% of index constituents declined. Consumer Discretionary (down -3.04%) led all eleven primary sectors lower. The technology-centric Nasdaq fell -1.23%. Consumer Discretionary (down 3.04%) led all eleven primary sectors lower. The small capitalisation Russell 2000 fell -1.45%.
	Total Play:		0