Morgans AM Monday, 29 July 2024

from Morgans Financial Limited · host Morgans Financial Limited

US equity markets soared on Friday (26 July) to cap a turbulent week, with the S&P 500 and Nasdaq snapping three session losing streaks as the technology sector recovered, corporate earnings news provided a big boost to several companies and inflation data reinforced expectations that the Federal Reserve will cut interest rates soon - Dow rallied +654-points or +1.64%, American Express Co (up +2.38%), with Travelers Companies Inc (+2.21%), Salesforce Inc (+2.%) and Visa Inc (+2.35%) all rising over >2%.

Episode metadata supplied by the publisher feed · Published Jul 28, 2024

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Morgans AM Monday, 29 July 2024

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