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Wharton faculty and industry leaders discuss their latest research, books, and relevant business topics. Hosted on Acast. See acast.com/privacy for more information.
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Morgans AM: Friday, 10 March 2023
Manage episode 357571687 series 1086780
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US equity markets declined as investors turned their attention to tonight’s AEST latest official jobs figures - Dow fell -544-points or -1.66% to 32,255, closing below its 200-day moving average for the first time since 9 November last year The broader S&P500 -1.85%, Financials (down -4.17%) led all eleven primary sectors lower, with the sector posting its worst single-session decline since June 2020. All of the Materials (-2.54%), Consumer Discretionary (2.36%), Real Estate (-2.29%), and Communication Services (-2.22%) fell over >2%. The Nasdaq shed -2.05%. The small capitalisation Russell 2000 lost -2.81%.
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