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Home > Morgans Financial Limited > Morgans AM Monday, 29 July 2024
Podcast: Morgans Financial Limited
Episode:

Morgans AM Monday, 29 July 2024

Category: Business
Duration: 00:08:43
Publish Date: 2024-07-28 23:55:34
Description: US equity markets soared on Friday (26 July) to cap a turbulent week, with the S&P 500 and Nasdaq snapping three session losing streaks as the technology sector recovered, corporate earnings news provided a big boost to several companies and inflation data reinforced expectations that the Federal Reserve will cut interest rates soon - Dow rallied +654-points or +1.64%, American Express Co (up +2.38%), with Travelers Companies Inc (+2.21%), Salesforce Inc (+2.%) and Visa Inc (+2.35%) all rising over >2%.
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