Morgans AM - Wednesday, 1 October 2025

US equity markets advanced, with the Dow and S&P500 posting record highs despite the federal government shutting down for the first time in six-years - Dow edged +88-points or +0.19% higher to book a second consecutive record closing high of 46,441.10. Nike Inc gained +6.41% after the athletic retail giant posted better-than-expected headline numbers for the fiscal first quarter after the close of the previous session. Nvidia Corp (+0.35%) hit a fresh record high that lifted the chipmaker’s market capitalisation above >US$4.5 trillion. 



Morgans AM - Thursday, 2 October 2025

US equity indices advanced for a fifth consecutive session, with the three (3) leading indices booking a fresh round of record closing highs amid a global rally for semiconductor stocks after OpenAI announced South Korean firms SK Hynix (+9.86%) and Samsung Electronics Co Ltd (+3.49%) would partner with the ChatGPT maker on its Stargate AI infrastructure project  - Dow added +79-points or +0.17% to 46,519.72, tallying its first five-day winning streak since 2 May and marking the 30-stock index’s second consecutive record closing high and 10th of the calendar year-to-date. Caterpillar Inc rose +2.003% to be the leading Dow component overnight. Nvidia Corp rose +0.88% to a fresh record closing high of US$188.89, hitting a record intra-day high (US$191.05) after the chipmaker’s market capitalisation hit US$4.5 trillion. 

Morgans AM - Friday, 3 October 2025

US equity markets closed out the week on a mixed note albeit the Dow and S&P500 logged fresh record closing highs  - Dow rose +239-points or +0.51% to 46,758.28 Nike Inc -3.54%  Nvidia Corp lost -0.67% after hitting a record closing (US$188.89) and intra-day (US$191.05) high in the previous session. 

Morgans AM - Monday, 6 October 2025

US equity markets advanced, with the S&P500 and Nasdaq booking fresh record closing highs despite the U.S. government shutdown entering its sixth day, with the White House threatening mass federal worker layoffs.  - Dow eased -63-points or -0.14% Verizon Communications Inc -5.11% after Chief Executive Officer (CEO) Hans Vestberg stepped down, replaced by independent lead director and former PayPal Inc CEO Dan Schulman. Sherwin-Williams Co (-2.80%). Microsoft Corp (up +2.17%) and Salesforce Inc (+2.25%) rose over >2%, while Boeing Co gained +1.59% after Bloomberg reported that the airplane maker plans to accelerate its production of jets in its 737 Max line. The company could reach a 42-jet output per month for its 737 Maxs as soon as October, the report said.

Morgans AM - Tuesday, 7 October 2025

US equity markets retreated overnight as the US government shutdown entered its second week  but not before the S&P500 and Nasdaq scaled fresh record intra-day highs - Dow eased -92-points or -0.20%, with Nike Inc (down -3.18%) the worst performer in the 30-stock index, while Salesforce Inc fell -2.46% after the company said it won’t pay a ransom demand from a hacker who claimed to have stolen a large amount of client data and threatened to publish it, according to an email seen by Bloomberg. International Business Machines (IBM) Corp rose +1.54% following news it was partnering with Anthropic to integrate the artificial intelligence (AI) firm's Claude large language model into its enterprise software. Amazon.com Inc added +0.4% as the e-commerce giant began its two-day Prime Big Deal Days.

Morgans AM - Wednesday 8 October 2025

US equity markets rebounded, with the S&P500 and Nasdaq booking fresh record intra-day and closing highs  - Dow flat at 46,601.78. Caterpillar Inc (up +3.17%) was the leading performer in the 30-stock index. Nvidia Corp rose +2.20% after Chief Executive Officer (CEO) Jensen Huang said that demand has risen in recent months, telling CNBC that “this year, particularly the last six months, demand of computing has gone up substantially.” Mr Huang also confirmed the company’s involvement in funding Elon Musk’s artificial intelligence (AI) startup, xAI, and said that he’s “super excited about the financing opportunity they’re doing.” Investment banks Goldman Sachs Group Inc (-1.66%) and JPMorgan Chase & Co (-1.19%) fell over >1%.

Morgans AM - Thursday, 9 October 2025

US equity markets fell sharply while US Treasury yields dropped and the U.S. dollar weakened on Friday (10 October) after President Trump said he was weighing a "massive increase" in tariffs on Chinese goods - Dow dropped -879-points or -1.90% to 45,479.60. ‘Magnificent Seven’ mega-capitalisation technology stocks Amazon.com Inc (down -4.99%) and Nvidia Corp (-4.89% to US$183.16, hitting a record intra-day of ) both fell over >4.5% to be the worst performers in the 30s-stock index, while Nike Inc fell -4.17%. 

Morgans AM - Monday 13 October 2025

US equity markets rebounded after President Trump appeared to soften his initial hardline on China that saw him say last Friday (10 October) that he was weighing a "massive increase" in tariffs, and with investors eying the unofficial beginning of the third quarter earnings season tonight AEST   - Dow rose +588-points or +1.29%, clawing back ~67% of last Friday’s (10 October) decline. Nike Inc rebounded +3.31% (after dropping -4.17% in the previous session) to be the leading performer in the 30-stock index, while Goldman Sachs Group Inc and Salesforce Inc both gained +2.93% and were among nine Dow components that gained over >2%. JPMorgan Chase & Co rose +2.35% after the world's biggest bank said it was planning to pump US$1.5 trillion dollars over 10 years into industries seen as critical to U.S. national interests under a programme called the Security and Resiliency Initiative. The plan will focus on four key areas: Supply Chain and Manufacturing; Defence and Aerospace; Energy Independence and Resilience; and Frontier and Strategic Technologies.

Morgans AM - Tuesday, 14 October 2025

US equity markets mixed as investors digested the first major earnings of the third quarter reporting season, the latest developments in the US-China trade tensions and comments from Federal Reserve Chair Jerome Powell - Dow rose +203-points or +0.44% Walmart Inc rallied +4.98% to be the leading performer in the 30-stock index after the biggest brick-and-mortar retailer said it is partnering with OpenAI to allow customers to buy goods from Walmart through ChatGPT. Caterpillar Inc climbed +4.50%. Nvidia Corp (down -4.40%) was the weakest Dow component overnight. 

Morgans AM - Wednesday, 15 October 2025

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.

New tracks tagged #Nasdaq