Morgans Financial Limited (Imports from Soundcloud)

•US equity markets weaker, erasing earlier gains as investors digested Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole Economic Policy Symposium in which he continued to express concern about inflation – Dow dipped -9-points or -0.02%. Nvidia Corp shed -4.57%, handing back some of the previous session’s +8.74% rally in the wake of the chip giant’s second quarter result. 3M Company (down -2.51%) and Caterpillar Inc (-2.05%) fell over >2%. Amazon.com Inc rallied +3.97%. Microsoft Corp +1.68%, recording its sixth straight session advance to cement its longest winning streak since 28 October 2025, according to Dow Jones Market Data.

•US equity markets logged modest declines as investors digested the latest inflation data and eyed Nvidia Corp’s second quarter result after the closing bell – Dow fell -114-points or -0.21%, snapping a three-session winning streak. Merck & Co Inc (down -2.14%) and Nike Inc (-2.25%) fell over >2%. Apple Inc will hold its biggest product introduction of the year on 9 September, kicking off the tenure of new chief executive officer (CEO) John Ternus. The tagline for the gathering is “Surprise and shine”, according to invitations sent to media, and Apple will use the event to introduce its first foldable iPhone, entering a market dominated by Samsung Electronics.

•US equity markets advanced as bond yields and oil prices retreated, with technology stocks trading strongly ahead of Nvidia Corp’s second quarter result after the closing bell of tonight’s AEST – Dow added +160-points or +0.30%. Merck & Co Inc (up +3.84%) was the leading performer in the 30-stock index. Goldman Sachs Group Inc (+2.18%) and NVIDIA Corp (+2.19%) rose over >2%, with the latter snapping a seven session losing streak – its longest such streak since the seven-day stretch that ended 6 September, 2022.

Morning Meeting - Tuesday, 25 August 2026 by Morgans Financial

US equity markets advanced on Friday (21 August) but booked declines for the week, which was marked by investor jitters over fluctuating government bond yields and a lack of clarity on progress in the Middle East. Dow gained +518-points or +0.98%. The broader S&P500 added +0.43%.

US equity markets declined as Treasury yields continued their march higher despite the Treasury Department’s extraordinary debt buyback operation. Dow fell -703 points or -1.32%.

US equity markets weaker for a third straight session, with the S&P 500 and Nasdaq booking their largest daily percentage declines since 29 July as fading hopes for a US-Iran peace deal continued to pushed oil prices higher, while investors also continued to eye bond yields that are at multi-year peaks – Dow eased -116-points or 0.22%. Caterpillar Inc (down -4.63%) was the worst performer in the 30-stock index.

US equity markets weaker as oil prices climbed and investors eyed quarterly results from some key retailers later in the week in the wake of soft July retail sales figures last Friday (14 August) – Dow fell -273-points or -0.51%. Nike Inc (down -4.03%) was the worst performer in the 30-stock index and is trading at levels not seen since September 2014. Microsoft Corp (down -3.04%) and The Walt Disney Company (-3.14%) fell over >3%. Caterpillar Inc rallied +2.93% and was one of just six (6) Dow components to advance overnight.

Morgans AM - Monday, 17 August 2026 by Morgans Financial

Morgans AM - Friday, 14 August 2026 by Morgans Financial

US equity markets advanced following a tame inflation report that tempered expectations of a September interest rate hike, with technology stocks leading gains – Dow dipped -22-points or 0.04%. Home Depot Inc -3.12% after the home improvement retailing giant announced that Chief Executive Officer (CEO) Ted Decker will take a temporary medical leave of absence (and is expected to return within the next few months). Microsoft Corp fell -2.26%.

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.

Morgans AM - Tuesday, 11 August 2026 by Morgans Financial

US Equity markets rallied on Friday to cap a strong week as weaker than expected jobs data tempered expectations of rate hikes. Dow up 152 points or 0.3 of a percent. Salesforce up 3.2% while Honeywell Technologies and Nvidia both climbed 2.3%. Broader S&P 500 with a 0.6 of a percent gain

All three major US equity indices retreated overnight, with the Dow Jones snapping a five-session winning streak, as investors paused to consolidate gains following a strong rally that had propelled markets to fresh record highs.

US equity markets were mixed overnight, despite the Dow Jones rallying to a third consecutive record close. The Dow gained +263.24 points (+0.49%), supported by strong corporate earnings, with Amgen (+4.57%) and Walt Disney (+3.65%) leading gains. Other notable performers included Nvidia (+3.43%), Sherwin-Williams (+2.24%) and Nike (+2.22%), while Alphabet (-4.03%) and Chevron (-2.10%) were among the index's weakest performers.

US equity markets rallied strongly, lifting both the Dow and S&P 500 to record closing highs – Dow climbed +907-points or +1.71% to a fresh record closing high of 26,584.99, with Cisco Systems Inc (+5.08%) and International Business Machines (IBM) Corp (+3.91%) among the leading performers in the 30-stock index. Nike Inc (down -2.60%) and Amazon.com Inc (-2.32%) fell over >2% and were two of just five components in the 30-stock index that settled in the red. Chief Executive Officer (CEO) Jeff Bezos filed to sell ~15M shares worth ~US$4B a day after Amazon joined the US$3 trillion market capitalisation club for the first time.

US equity markets opened August with strong gains as signs of de-escalating tensions in the Middle East dragged crude prices sharply lower ahead of another busy week on the corporate earnings calendar – Dow rallied +693-points or +1.32% to a fresh record closing high of 53,178.41. Boeing Co jumped +8.03% after the aerospace and defence company cleared an important regulatory hurdle, with the Federal Aviation Administration clearing for commercial service the smallest of the 737 Max planes, the 737 Max 7. The news bodes well for the eventual certification of Boeing’s 737 Max 10, with that aircraft completing final tests last month. ‘Magnificent Seven’ mega capitalisation technology stocks continued to trade strongly, with Microsoft Corp climbing +4.93% to book its best three-day performance in 26 years (+23.46%) and turn positive for the calendar year-to-date (+0.83%) following the company’s second quarter result after the closing bell last Wednesday (29 August). Amazon.com Inc rose +4.58% to a fresh record closing high of US$284.02, with the company’s market capitalisation climbing above >US$3 trillion for the first time.

•US equity markets advanced on Friday (31 July) to cap a volatile week – Dow rose +277-points or +0.53%. Amazon.com Inc soared +15.32% after posting ‌its biggest quarterly revenue growth in over four years that helped alleviate investor concerns about potential overspending on artificial intelligence (AI) data centres. ‘Magnificent Seven’ mega capitalisation technology peers Alphabet Inc (+6.73%), Microsoft Corp (+3.02%) and Nvidia Corp (+2.93%) also posted solid gains. However, Apple Inc shed -7.35% after warning that supply constraints would hurt growth

•US equity markets rebounded strongly from a sharp sell-off a day earlier following the Federal Reserve’s latest monetary policy meeting, with a broader pivot back to risk – Dow +614-points or +1.19% a day after booking worst one-day decline since April 2025. Microsoft Corp soared +15.51% to book its biggest daily percentage gain in 18-years, adding +US$450B to its market capitalisation after management of the ‘Magnificent Seven’ mega-capitalisation technology stock forecast an acceleration in cloud growth for the current quarter after close of the previous session. Goldman Sachs Group Inc rallied +4.5%, while Boeing Co (+3.22%) and Caterpillar Inc (+3.38%) rose over >3%. However, Salesforce Inc -4.07%, snapping a four-session losing streak amid a broader sell-off for software stocks following a recent resurgence.

•US equity markets fell sharply as investors digested the latest monetary policy decision from the Federal Reserve, while artificial intelligence (AI)-related semiconductor stocks extended declines – Dow tumbled -1,153-points or -2.19%, marking the 30-stock index’s worst one-day decline since April 2025 when the Trump administration announced tariffs. Caterpillar Inc (down -6.91%) and investment banks Goldman Sachs Group Inc (-5.09%) and JPMorgan Chase & Co (-3.53%) were among the worst performing Dow components overnight. However, Salesforce Inc (up +3.79%) extended its rally into a fourth straight session that has lifted the client relationship management software group +18.7% over that stretch.

US equity markets mostly firmer, underpinned by several strong corporate earnings releases, although semiconductor stocks remained under pressure. Dow up 537 points or just over 1%, booking its biggest single session gain in four weeks. IBM up 5.2% and Salesforce up 4.6% among the leading performers in the 30 stock index.

•US equity markets mixed to open the busiest week of the second quarter corporate earnings season (with 177 S&P 500 companies slated to report, including nine Dow components), with oil prices dropping sharply following reports of a ceasefire between the US and Iran while semiconductor stocks remained under pressure – Dow rose +263-points or +0.51%. Salesforce Inc (up 6.07%) was the leading performer in the 30-stock index. Apple Inc – which releases its second quarter result on Thursday night AEST (30 July) - rose +1.17% to a record closing high of US$336.91 and touched a record intra-day high (US$339.57), usurping NVIDIA Corp (down -4.99%) as the largest company by market capitalisation. Apple last held the top spot at the close on 2 May, 2025. NVIDIA fell following a WSJ report that it is in talks with OpenAI to guarantee US$250B in financing for a massive Ohio data centre project, raising concerns in some quarters around circular funding.

US equity markets mixed on Friday (24 July) despite oil prices retreating, with chipmakers under fresh pressure as investors seemingly grow uneasy about the level of spending on artificial intelligence ahead of fresh results from some mega-capitalisation technology stocks later this week – Dow added +236-points or +0.46%. Salesforce Inc rallied +4.29% to be the leading performers in the 30-stock index, while Apple Inc (up +3.53%) and International Business Machines (IBM) Corp (+3.65%) rallied over >3.5%.

US equity markets fell sharply as oil prices continued to soar and mega cap technology names sold off amid concerns around the level of AI spending. Dow down 507 points or almost 1%. Google parent Alphabet down 6.9%

•US equity markets rallied, snapping a three-session losing streak as semiconductor stocks rebounded strongly and as strong earnings releases also shifted some investor focus away from the ongoing hostilities in the Middle East that continued to drive oil prices higher – Dow gained +385-points or +0.74%. UnitedHealth Group Inc (+3.51%), Caterpillar Inc (+2.97%) and Goldman Sachs Group Inc (+2.89%) all traded particularly strongly. Boeing Co (down -2.23%) and Salesforce Inc (-2.15%) fell over >2%. •Canadian Prime Minister Mark Carney said he and President Trump agreed to accelerate trade talks ahead of a potential US move to impose 50% tariffs on a range of Canadian goods next month. Mr Carney’s comments came after the Trump administration said after the close of the previous session that it would slap 50% tariffs on some goods imported from Canada, in an effort to end what it sees as discriminatory trade practices by Ottawa against the U.S. automobile, dairy and alcohol industries •The broader S&P500 rose +0.89% to book its best one-day gain since 29 June. Information Technology rose +2.35% to lead nine of the eleven primary sectors higher. Consumer Staples (down -1.01%) and Communication Services (-0.85%) sat at the foot of the primary sector leaderboard.

US equity markets booked modest declines to open a busy week of second quarter earnings releases as investor also continued to monitor tensions in the Middle East – Dow fell -307-points or -0.59%. Apple Inc (down -2.14%), Boeing Co (-2.13%), Merck & Co Inc (-2.43%) and Sherwin-Williams Co (-2.33%) all declined over >2%. Magnificent Seven’ mega-capitalisation technology names Microsoft Corp (up +2.15%), Amazon.com Inc and Google-parent Alphabet Inc +1.51% the leading performers in the 30-stock index.

US equity markets declined on Friday (17 July) amid fresh decline for semiconductor stocks and as oil prices continued to climb – Dow fell -407-points or -0.77%. Coca-Cola Co dropped -3.96% after it disclosed a “ransomware event” involving its dairy company Fairlife. Coca-Cola said that “the full scope, nature and impacts of the incident are not yet known,” and although “product quality and safety have not been impacted,” Fairlife production operations in the U.S. are temporarily suspended. Goldman Sachs Group Inc (down -2.76%), Home Depot Inc (-2.63%) and International Business Machines (IBM) Corp (-2.91%) fell over >2.5%.

US equity markets weekend with fresh falls for chip makers overshadowing generally upbeat economic data, down 106 points or 0.2%. Alphabet, Caterpillar and Goldman Sachs all dropping over 4%. On the upside, Nike rallied 4.2%, while Amgen, IBN, McDonald's, Merck & Co, and Salesforce all rallied over 3%.

US equity markets firmer as investors digested another round of second quarter corporate earnings releases and weaker-than-expected wholesale inflation figures – Dow added +150-points or +0.29%, with the four (4) members of the ‘Magnificent Seven’ cohort of mega-capitalisation stocks that sit in the 30-stock index – Apple Inc (up +4.01%), Amazon.com Inc (+3.02%), Microsoft Corp (+2.78%) and Nvidia Corp (+0.33%) – all advancing. Cisco Systems Inc (down -4.54%) was the worst performing Dow component overnight.

US equity markets retreated and oil prices and bond yields jumped after President Trump said the U.S. was reinstating a blockade of Iranian ships in the Strait of Hormuz, reigniting inflation fears and dampening risk appetite – Dow lost -138-points or -0.26%, with Nvidia Corp (down -3.52%) and Boeing Co (-3.05%) falling over >3%. Salesforce Inc rallied +4.84% to be the leading performer in the 30-stock index. Apple Inc rose +0.63% to US$317.31 and touched a record high (US$323.45), with analysts at Citigroup lifting their target price on the technology giant to US$365 from US$315 previously, noting they believe “Apple’s ability to implement selective price increases will help offset margin pressures, while its premium brand and loyal customer base should limit demand weakness.” They also noted that the iPhone 18 launch in September could be an important catalyst that bolsters investor sentiment.

US equity markets mostly weaker on Friday as attention turns to corporate earnings this week. Dow climbed 150 points or 0.3 of a percent. Nike with a 3.7% rally while IBM fell 2.6%.

•US equity markets advanced, bolstered by a rebound for semiconductor and memory stocks and a fall in oil prices – Dow added +139-points or 0.27%. Cisco Systems Inc (+3.94%) and American Express Co (+3.07%) rallied over >3%. Goldman Sachs Group Inc rose +2.56% after the investment bank won deals to manage a combined US$70B in retirement assets for Verizon Communications Inc (down -0.49%) and Lockheed Martin Corp (-1.84%). International Business Machines (IBM) Corp (down -2.23%) and Salesforce Inc (-2.45%) fell over >2%. A Bloomberg report said Starbucks Corp (up +2.45%) had tapped artificial intelligence (AI) to replace applications it currently purchases from IBM and Microsoft Corp (+0.27%). Starbucks spends ~US$400M annually on software, Chief Technology Officer (CTO) Anand Varadarajan told workers in an internal forum earlier this year, adding that "There's clear opportunities to reduce the spend in software,"

US equity markets weaker amid a fresh rotation out of semiconductor stocks into areas like healthcare and financials – Dow fell -131-points or -0.25% to 52,925.15 after scaling a fresh record intra-day high of 53,289.30 earlier in the session. Caterpillar Inc fell -3.07% to be the worst performer in the 30-stock index after announcing that it had acquired Skycatch, which it described as “a leading provider of spatial data capture, processing and analysis solutions for the mining industry.” Some analysts also cited a broker downgrade to European power generation equipment provider Siemens Energy (see below) as a drag on Caterpillar and GE Vernova Inc (-6.51%). Chevron Corp (up +3.52%) was the leading Dow component, tracking a spike on crude markets.

US equity markets advanced after resuming trading following the Independence Day long weekend, led by a fresh rally for artificial intelligence (AI)-related stocks – Dow added +156-points or +0.29% to 53,055.91, booking its first close above >53,000 and 21st record closing high of 2026. It has been just four trading days since the index first closed above 52,000, marking the fastest 1,000 point milestone on record. Boeing Co (up +3.55%), International Business Machines (IBM) Corp (+3.45%) and Goldman Sachs Group Inc (+3.36%) all rallied over >3%. Amgen Inc (down -2.06%), Home Depot Inc (-2.03%) and Merck & Co Inc (-2.15%) declined over >2%. Microsoft Corp announcing it would cut ~4,800 jobs or ~2.1% of its global workforce.

US equity and bond markets were CLOSED on Friday (3 July) for Independence Day

U.S. stocks closed mixed on Thursday, with the Dow Jones Industrial Average gaining 594.83 points (+1.14%) and recording its 20th record close of 2026, as investors rotated into more defensive and cyclical sectors ahead of the extended July 4 holiday weekend.

•US equity markets weaker to open the new second half of the calendar year. •Dow dipped -14-points or 0.03% after booking back-to-back record closing highs and just failing to secure its 20th record closing high of the year.

US equity markets rallied on Tuesday to close out a strong quarter, with the Dow Jones capping its best half of the year since 2021 and registering a record closing high for the second straight day.

•US equity markets opened the holiday-shortened trading week with solid gains – Dow rose +307-points or +0.59% to 52,182.74, closing above 52,000 for the first time on record to mark its fourth 1,000-point milestone in 2026, according to Dow Jones Market Data. For comparison, the 30-stock index set three 1,000-point milestones in all of 2025. It took just 20 trading days for the index to move from its last milestone to 52,000, the shortest gap since the climb from 49,000 to 50,000 in February, when it took 22 trading days. Alphabet Inc rose +4.82% on its first day as member of the Dow Jones Industrial Average (DJIA), replacing Verizon Communications Inc as part of changes that S&P Dow Jones Indices to its marquee stock indexes last week. Alphabet is still tracking for its worst month since February of last year, logging weekly declines for six of the past seven weeks. It marks a sharp reversal from May, when the company briefly eclipsed Nvidia Corp (+1.27%) in after-hours trading to become the world’s most valuable company by market capitalisation. Caterpillar Inc (+3.58%) and Cisco Systems Inc (+3.45%) both rose ~3.5%.

Morgans AM - Monday, 29 June 2026 by Morgans Financial

Morgans AM - Friday, 26 June 2026 by Morgans Financial

4BC Step Outside with Paul Burt - Sam Warriner Interview 13 June 2026 by Morgans Financial

ABC Rural Peter Hickson BIG DRY FRIDAY AIR by Morgans Financial

ABC Breakfast radio interview with Brian Sheahan on 11 June by Morgans Financial

ABC Breakfast radio interview with Dan Allen Rural Aid by Morgans Financial

ABCFarNorthQueensland_2026-06-14-LOCALNEWS by Morgans Financial

612 ABC Brisbane Breakfast Show_2026-06-11 Radio Interviews by Morgans Financial

US equity markets mixed after resuming trading following the holiday long weekend, with mega-capitalisation technology stocks a key drag – Dow added +148-points or +0.29%. Caterpillar Inc (up +3.7%) was the leading performer in the 30-stock index for a second consecutive session. [Unlike most major stock indexes, which weigh components based on market capitalization (or a modified version of it), the Dow weighs its 30 stocks by share price. Caterpillar is the Dow’s second-highest priced stock, only behind Goldman Sachs Group Inc (+0.89%)]. Amazon.com Inc (down -4.75%) and Nike Inc (-4.45%) fell over >4%, while Microsoft Corp (-3.18%) and McDonald’s Corp (-3.05%) lost over >3%. International Business Machines (IBM) Corp rose ~4% in extended trading (after rising +1.25% in the regular session) after President Trump signed executive orders aimed at accelerating quantum research, laying the groundwork for federal agencies to adopt the technology and strengthen US defences against cyberattacks.

US equity markets and bond markets were CLOSED on Friday (19 June) for Juneteenth. The US corporate calendar this week sees cruise operator Carnival Corp, semiconductor group Cerebras Systems Inc, FedEx Corp and KB Home Inc release quarterly results on Tuesday night AEST (23 June)., Micron Technology Inc and PayChex release quarterly results on Wednesday night AEST (24 June). Darden Restaurants and Winnebago Industries release quarterly results on Thursday night AEST (25 June).