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Home > Morgans Financial Limited > Morgans AM: Tuesday, 11 June 2024
Podcast: Morgans Financial Limited
Episode:

Morgans AM: Tuesday, 11 June 2024

Category: Business
Duration: 00:06:38
Publish Date: 2024-06-10 23:49:49
Description: US equity markets ticked higher, with the S&P 500 and Nasdaq logging fresh record closing highs ahead of US inflation figures and the Federal Reserve’s latest monetary policy decision later in the week - Dow added +69-points or +0.18%. Walmart Inc gained +1.64%, buoyed by an upgrade from analysts at Bank of America, who cited the potential benefits from “a new wave of tech diffusion.” Apple Inc shed -1.91% after the company’s latest Worldwide Developers Conference (WWDC) kicked off overnight (running through until Friday night AEST (14 June)) with a with a demonstration of Apple Intelligence, the tech giant's highly anticipated custom artificial intelligence (AI) system built into the newest iPhone, iPad, and Mac operating systems.
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