Morgans AM: Monday, 9 December 2024


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Dec 08 2024 6 mins  
The S&P500 and Nasdaq climbed to fresh record highs after closely watched employment data came in largely as expected, reinforcing investor confidence in the strength of the economy and expectations that the Federal Reserve will cut interest rates again later this month - Dow eased -123-points or -0.28% UnitedHealth Group Inc fell -5.07% to be the worst performer in the 30-stock index on Friday (6 December) as the murder of the CEO of the US’s largest health insurer, Brian Thompson, continued to reverberate. Nvidia Corp -1.81% Amazon.com Inc rallied +2.94% and hit a fresh record high (US$227.15).