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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Morgans AM: Thursday, 16 March 2023
Manage episode 358074094 series 1086780
Creato da Morgans Financial Limited and Morgans Financial, autore scoperto da Player FM e dalla nostra community - Il copyright è detenuto dall'editore, non da Player FM, e l'audio viene riprodotto direttamente dal suo server. Clicca sul pulsante Iscriviti per rimanere aggiornato su Player FM, o incolla l'URL del feed in un altra app per i podcast.
US equity markets retreated as concerns around a banking crisis spread to Europe - Dow fell -281-points or -0.87%, paring an earlier decline of as much as 725-points. The broader S&P500 lost -0.70%, with the Energy sector (down -5.42%) under fresh pressure and leading six of the eleven primary sectors lower. Materials (down -3.28), Financials (-2.91%) and Industrials (-2.51%) all fell over >2.5%. Communication Services (up +1.50%) and Utilities (+1.34%) rose over >1% to sit atop the primary sector leaderboard. The technology-centric Nasdaq eked out a +0.05% rise and continued its recent outperformance as hawkish interest rate expectations recede. Apple Inc rose +0.26% and Microsoft Corp +1.78%. Meta Platforms Inc gained +1.92% after the Facebook parent company announced another round of job cuts and further reduced its expense targets earlier this week The small capitalisation Russell 2000 lost -1.74%.
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