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Home > Morgans Financial Limited > Morgans AM: Tuesday, 19 November 2024
Podcast: Morgans Financial Limited
Episode:

Morgans AM: Tuesday, 19 November 2024

Category: Business
Duration: 00:04:42
Publish Date: 2024-11-18 22:59:46
Description: US equity markets advanced after logging their worst weekly performance since early September last week - Dow slipped -55-points or -0.13%. Nike Inc (down -2.31%) was the worst performer in the Dow overnight amid concerns that overall athletic apparel trends softened further in October. Walt Disney Co fell -1.34%, snapping a nine-session winning streak. Nvidia Corp fell -1.29%, with after The Information reporting over the weekend that the company's new Blackwell chips have faced overheating issues. The chip giant is slated to report its third quarter result after the close of Wednesday night’s AEST (21 November) session. Boeing Co (up +2.63%) was the leading performer in the 30-stock index overnight.
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