Morgans AM - Friday, 22 August 2025

US equity markets declined amid a further rotation out of large capitalisation technology stocks and with investors eyeing a speech from Federal Reserve Chair Jerome Powell tonight AEST - Dow fell -153-points or -0.34% Boeing Co (down -0.51%) is in discussions to sell as many as 500 jets to China, according to Bloomberg News. While the two sides are working out the details, including the number and kinds of aircraft included, Chinese officials have already begun asking domestic airlines how many planes they want, according to the report. Boeing has only made a handful of sales to Chinese carriers over the past few years.