Morgans AM - Wednesday, 12 August 2026

US equity markets declined ahead of key inflation figures tonight AEST and as optimism around a US-Iran peace deal faded once more – Dow lost -184-points or -0.34%. Honeywell Technologies Inc dropped -5.27% to be the worst performer in the 30-stock index Nvidia Corp (down -0.02%) relinquished earlier gains after announcing strategic partnerships with major Wall Street private-equity and asset-management names to deploy over >US$500B through dedicated compute financing platforms to support artificial-intelligence (AI) infrastructure development over time. ‘Magnificent Seven’ mega-capitalisation technology peers Amazon.com Inc and Apple Inc fell -2.09% and -1.09% respectively.