Morgans AM: Monday, 22 May 2023 episode artwork

EPISODE · May 21, 2023 · 7 MIN

Morgans AM: Monday, 22 May 2023

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

US equity markets retreated as policymakers paused negotiations over the debt ceiling deal and nerves over the health of the US regional banking sector resurfaced - Dow fell -109-points or -0.33%, The broader S&P500 slipped -0.14%, with Consumer Discretionary (down -0.84%) leading seven of the eleven primary sectors lower. Energy sat atop the primary sector leaderboard on Friday (19 May) with a +0.73% gain. The Nasdaq eased -0.24%. The small capitalisation Russell 2000 lost -0.62%.

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Morgans AM: Monday, 22 May 2023

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