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Home > Morgans Financial Limited > Morgans AM: Thursday, 31 October 2024
Podcast: Morgans Financial Limited
Episode:

Morgans AM: Thursday, 31 October 2024

Category: Business
Duration: 00:08:18
Publish Date: 2024-10-30 23:08:09
Description: US equity markets settled modestly weaker amid a deluge of quarterly earnings and fresh economic data and with investors eyeing third quarter results from two of the so-called ‘Magnificent Seven’ cohort after the closing bell - Dow slipped -92-points or 0.22% unwinding an earlier rally of almost +225-points. International Business Machines Corp (down -2.63%), Intel Corp (-2.62%) and Nike Inc (-2.49%) all fell ~2.5% to be the worst performers in the 30-stock index overnight. Visa Inc rallied +2.94% after reporting a stronger-than-expected fiscal fourth quarter result after the close of the previous session.
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