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

US equity markets retreated ahead of the Federal Reserve’s latest interest rate decision and updated economic projections tomorrow morning AEST (19 December) - Dow fell -268-points or -0.61%, the 30-stock index’s ninth consecutive session decline and longest stretch of daily losses since 1978. Unitedhealth Group Inc (down -2.6%) was the worst performing Dow component for a second session running, while Goldman Sachs Group Inc (-1.99%) and Salesforce Inc (-1.75%) both fell over >1.5%. Nvidia Corp fell -1.22% to US$130.39 to push further into official correction territory (down -12.42% from their closing high of US$148.88 last month).

Morgans AM: Wednesday 18 December 2024

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: Wednesday 18 December 2024

Morgans Financial Limited

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