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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: Wednesday, 12 April 2023
Manage episode 360420378 series 1086780
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US equity markets mixed ahead of the release of the latest monthly inflation figures tonight AEST - Dow rose +98-points or +0.29%, extending the 30-stock index’s gain into a fourth straight session. The broader S&P500 settled flat, with every sector in positive territory except Information Technology (down -1.03%) and Communication Services (-0.43%). Energy (+0.89%) sat atop the primary sector leaderboard overnight. Moderna Inc shed 3.06% after the biotech firm hosted a virtual investor conference and said it’s delaying its ‘flu vaccine. The Nasdaq eased -0.43%, with Microsoft Corp (down -2.27%) and Amazon.com Inc (-2.20%) both declining over >2%. The small capitalisation Russell 2000 climbed +0.80%.
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