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Home > Morgans Financial Limited > Morgans AM - Tuesday, 3 February 2026
Podcast: Morgans Financial Limited
Episode:

Morgans AM - Tuesday, 3 February 2026

Category: Business
Duration: 00:05:11
Publish Date: 2026-02-02 22:49:11
Description: US equity markets opened February on a firmer footing despite fresh falls on metals markets and as investors continued to ponder President Trump’s nomination for the next Chair of the Federal Reserve - Dow rose +515-points or +1.05%. Caterpillar Inc (+5.1%), Walmart Inc (+4.13%) and Apple Inc (4.06%) all rallied over >4%. Nvidia Corp dropped -2.89% after The Wall Street Journal (WSJ), citing people familiar with the matter, that the chipmaking giant’s plans to pour US$100B into OpenAI had stalled, with company executives expressing doubt about the deal.
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