Morgans AM: Monday, 22 November 2021


Manage episode 307688359 series 1086780
By Morgans Financial Limited and Morgans Financial. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Concerns over a resurgence of COVID-19 saw US equity markets struggle on Friday (19 November) although technology stocks pushed higher – Dow down -269-points or -0.75%, with Boeing Co (down -5,77%) a notable drag. The broader S&P500 eased -0.14%, with Energy (down -3.91%) and Financials (-1.11%) the worst performing primary sectors. Information Technology (up +0.77%) headed the gainers lists. Carriers (United Airlines Holdings fell -2.78% and Delta Air Lines Inc -1.07%) and cruise operators (Norwegian Cruise Line Holdings Ltd -2.08% and Royal Caribbean Cruises Ltd -2.98%) were under pressure. The Nasdaq added +0.40% to log its 46th record closing high of 2021 at 16,057.44. Intuit Inc (up +10.08%) and Micron Technology Inc (+7.80%) were among the best performers on the technology-centric index. The small capitalisation Russell 2000 fell 0.86%.

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