EPISODE · Sep 4, 2024 · 7 MIN
Morgans AM: Thursday, 5 September 2024
from Morgans Financial Limited · host Morgans Financial
US equity markets ended mostly to the downside overnight as the S&P 500’s September struggles continued following weak labour market data - Dow was the outlier rising -38-points or +0.09%. Intel Corp (down -3.33%) was amongst the worst performers in the 30-stock index, amid a broader selloff of chip stocks as well as Reuters reporting that recent tests of the chip giant's most advanced manufacturing process conducted by Broadcom (AVGO) failed.
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Morgans AM: Thursday, 5 September 2024
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