US equity markets logged modest gains, with economically sensitive cyclical stocks capping the advance - Dow edged +25-points or +0.07% higher . The broader S&P500 added +0.20%, with Information Technology (up +0.71%) and Healthcare (up +0.67%) the leading primary sector performers. Energy (down -1.13%) and Financials (-1.04%) were the worst performing primary sectors. The Nasdaq +0.36%. Microsoft Corp (up +1.68%), Amazon.com Inc (+1.47%), Apple Inc (+0.96%), Facebook Inc (+1.43%) and Google parent Alphabet Inc (+0.55%) all climbed ahead of the release of their latest quarterly numbers next week. All three major indices settled within 1% of their record closing highs. The small capitalisation Russell 2000 fell -1.55%.

Morgans AM: Friday, 23 July 2021

Money News

Money News | 047102023 Dianne Colledge, Private Client Advisor at Morgans

Morgans is Australia's largest national full-service retail stockbroking and wealth management network with more than 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices across all states and territories in Australia.

Morgans AM: Friday, 23 July 2021

Morgans Financial Limited

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