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Home > Morgans Financial Limited > Morgans AM: Wednesday, 09 October 2024
Podcast: Morgans Financial Limited
Episode:

Morgans AM: Wednesday, 09 October 2024

Category: Business
Duration: 00:06:18
Publish Date: 2024-10-08 22:34:17
Description: Technology stocks powered a rebound on US equity markets and overshadowed disappointment around a lack of detail regarding any fresh China stimulus measures - Dow rose +126-points or +0.3%. Intel Corp (up +4.2%) was the leading performer in the 30-stock index, while economic bellwether Caterpillar Inc and Dow Inc both fell -2.58% to be the key laggards. Boeing Co, with S&P Global Ratings weighing downgrading the aircraft manufacturer’s credit score to junk as the company continues to suffer from the fallout of a protracted labour strike.
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