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	Podcast:		Morgans Financial Limited
	Episode:		Morgans AM: Tuesday, 8 October 2024
	Category:		Business
	Duration:		00:05:21
	Publish Date:		2024-10-07 22:10:33
	Description:		US equity markets retreated, handing back the previous session’s post jobs report surge as expectations for big interest rate cuts subsided and oil prices continued rising on concerns about Middle East tensions - Dow shed 399-points or -0.94%. Travelers Companies Inc (down -4.34%) was the worst performer in the 30-stock index. Amazon.com Inc (down -3.06%) and Walt Disney Co (-2.9%) . Apple Inc fell -2.25% after Jefferies downgraded the company to “hold” from “buy”, saying expectations for sales of the iPhone 16 and 17 are too high.
	Total Play:		0