Morgans AM - Tuesday, 13 May 2025

from Morgans Financial Limited Hosted by Morgans Financial

US equity markets soared and settled near their session highs, with the three (3) benchmark indices logging their best single session performance since 9 April after the United States and China said they had agreed to a deal to cut reciprocal tariffs - Dow rose +1,161-points or +2.81% to 42,410.10, its highest close since 26 March and closing 12.66% above its 8 April closing low (37,645.59) to exit a technical correction. Eight of the 30 index components rallied over >5%, including Nike Inc (+7.34%).

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Morgans AM - Tuesday, 13 May 2025

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This episode was published on May 12, 2025.

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