Morgans AM - Wednesday, 2 July 2025 episode artwork

EPISODE · Jul 1, 2025 · 6 MIN

Morgans AM - Wednesday, 2 July 2025

from Morgans Financial Limited · host Morgans Financial

US equity markets mixed to open the new month and quarter, with the S&P 500 and Nasdaq pulling back from record highs as investors continued to monitor trade negotiations and the progress of President Trump’s "One Big Beautiful Bill" through Congress - Dow climbed +400-points or +0.91% Amgen Inc (+5.05%) and UnitedHealth Group Inc (+4.54%) rallied over >4%, while Merck & Co Inc (+3.35%), Nike Inc (+3.34%) and Sherwin-Williams Co (+3.38%) gained over >3%. Nvidia Corp (down -2.97%) was the worst performer in the 30-stock index overnight.

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Morgans AM - Wednesday, 2 July 2025

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