Morgans AM - Monday, 31 August 2026
from Morgans Financial Limited Hosted by Morgans Financial
• US equity markets weaker, erasing earlier gains as investors digested Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole Economic Policy Symposium in which he continued to express concern about inflation – Dow dipped -9-points or -0.02%. Nvidia Corp shed -4.57%, handing back some of the previous session’s +8.74% rally in the wake of the chip giant’s second quarter result. 3M Company (down -2.51%) and Caterpillar Inc (-2.05%) fell over >2%. Amazon.com Inc rallied +3.97%. Microsoft Corp +1.68%, recording its sixth straight session advance to cement its longest winning streak since 28 October 2025, according to Dow Jones Market Data.
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