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	Podcast:		Morgans Financial Limited
	Episode:		Morgans AM: Wednesday, 9 February 2022
	Category:		Business
	Duration:		00:04:48
	Publish Date:		2022-02-08 22:46:41
	Description:		US equity markets rallied, shrugging off the latest climb in Treasury yields - Dow up +372-points or +1.06%, with American Express (up +3.3%) and JPMorgan Chase & Co (+%) notable index performers. The broader S&P500 +0.84%, reversing earlier losses as investors rotated into materials, technology, and financial stocks. It was a broad rally, with gainers in the S&P 500 outnumbering decliners by more than 2 to 1. The Nasdaq +1.28%. Nvidia Corp rose +1.54% after the chipmaker announced that its planned acquisition of chip designer Arm from SoftBank (down -0.9%) had been terminated. However, Facebook parent Meta Platforms Inc fell -2.10%, sending its market capitalisation below
	Total Play:		0