EPISODE · Apr 14, 2024 · 9 MIN

Morgans AM: Monday, 15 April 2024

from Morgans Financial Limited (Imports from Soundcloud) · host Morgans Financial Limited

US equity markets retreated after major U.S. bank results failed to impress, capping a week marked by market-moving inflation data, evolving expectations for U.S. Federal Reserve policy, and escalating geopolitical tensions - Dow shed -476-points or -1.24% after falling as much as -582-points or -1.51% earlier in the session. Chevron Corp -1.81% after Hess, which it has agreed to acquire, warned arbitration with ExxonMobil over Guyanese oilfield assets could push the acquisition into 2025.

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Morgans AM: Monday, 15 April 2024

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