Morgans AM - Tuesday, 16 December 2025

• US equity markets retreated top open the last full trading week of the year, with technology stocks under fresh pressure and with investors eyeing some key economic data later in the week - Dow dipped -41-points or +0.09% to 48,416.56, logging a record intra-day high (48,886.86) for a second straight session in opening trading. Salesforce Inc (down -2.92%) was the worst performer in the 30-stock index, while Amazon.com Inc (-1.61%) and 3M Co (-1.89%) fell over >1.5%.