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Morgans AM Friday, 14 June 2024

Morgans AM Friday, 14 June 2024

Released Thursday, 13th June 2024
Good episode? Give it some love!
Morgans AM Friday, 14 June 2024

Morgans AM Friday, 14 June 2024

Morgans AM Friday, 14 June 2024

Morgans AM Friday, 14 June 2024

Thursday, 13th June 2024
Good episode? Give it some love!
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US equity markets logged modest gains, with fresh gains for technology stocks lifting the S&P 500 and Nasdaq to their fourth consecutive record close - Dow eased -65-points or -0.17%, with Salesforce Inc (down -2.87%) and Amazon.com Inc (-1.64%) the worst performers in the 30-stock index. Boeing Co fell -1.08% said it has found improperly torqued fasteners on some of its undelivered 787 Dreamliners, the latest in a series of quality problems. The fastener problem does not make the wide-body plane unsafe to fly, and it has not stopped delivering the aircraft to customers. Apple Inc rose +0.55% to US$214.24, lifting the company’s market capitalisation to US$3.285 trillion to usurp Microsoft Corp (+0.12%, market cap US$3.282 trillion) as the most valuable US company. Apple hadn’t closed with a market cap above Microsoft’s since 24 January, according to Dow Jones Market Data.

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