
Morgans AM - Wednesday, 2 September 2026
Morgans AM - Wednesday, 2 September 2026 by Morgans Financial

Episodes
1000
Latest episode
Aug 2026
Language
EN
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.

Morgans AM - Wednesday, 2 September 2026 by Morgans Financial

•US equity markets weaker, erasing earlier gains as investors digested Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole Economic Policy Symposium in which he continued to express concern about inflation – Dow dipped -9-points or -0.02%. Nvidia Corp shed -4.57%, handing back some of the previous session’s +8.74% rally in the wake of the chip giant’s second quarter result. 3M Company (down -2.51%) and Caterpillar Inc (-2.05%) fell over >2%. Amazon.com Inc rallied +3.97%. Microsoft Corp +1.68%, recording its sixth straight session advance to cement its longest winning streak since 28 October 2025, according to Dow Jones Market Data.

Technology stocks powered the latest gains on US equity markets, with Nvidia Corp’s second quarter result – Dow added +106-points or +0.20% although just six (6) of the index’s 30 components advanced. Nvidia Corp +8.74% after the chip giant released its second quarter result after the close of the previous session with robust forecasts that illustrated the relentless demand for artificial intelligence (AI) computing, even as it warned that shortages of memory components could curb the pace of the industry's growth. Salesforce Inc soared +22.58% after the client relationship management software provider reported a strong fiscal second quarter result and better-than-expected guidance after the close of the previous session. International Business Machines (IBM) Corporation +3.88% and Microsoft Corp +1.75% . McDoalnd’s Corp, Merck and Disney fell over >2%.

•US equity markets logged modest declines as investors digested the latest inflation data and eyed Nvidia Corp’s second quarter result after the closing bell – Dow fell -114-points or -0.21%, snapping a three-session winning streak. Merck & Co Inc (down -2.14%) and Nike Inc (-2.25%) fell over >2%. Apple Inc will hold its biggest product introduction of the year on 9 September, kicking off the tenure of new chief executive officer (CEO) John Ternus. The tagline for the gathering is “Surprise and shine”, according to invitations sent to media, and Apple will use the event to introduce its first foldable iPhone, entering a market dominated by Samsung Electronics.

•US equity markets advanced as bond yields and oil prices retreated, with technology stocks trading strongly ahead of Nvidia Corp’s second quarter result after the closing bell of tonight’s AEST – Dow added +160-points or +0.30%. Merck & Co Inc (up +3.84%) was the leading performer in the 30-stock index. Goldman Sachs Group Inc (+2.18%) and NVIDIA Corp (+2.19%) rose over >2%, with the latter snapping a seven session losing streak – its longest such streak since the seven-day stretch that ended 6 September, 2022.

Morning Meeting - Tuesday, 25 August 2026 by Morgans Financial

US equity markets advanced on Friday (21 August) but booked declines for the week, which was marked by investor jitters over fluctuating government bond yields and a lack of clarity on progress in the Middle East. Dow gained +518-points or +0.98%. The broader S&P500 added +0.43%.

US equity markets declined as Treasury yields continued their march higher despite the Treasury Department’s extraordinary debt buyback operation. Dow fell -703 points or -1.32%.

•US equity markets logged modest gains, snapping a three-session losing streak as bond yields retreated from multi-year peaks following the Treasury Department’s announcement of an increased buyback operation for longer-term debt – Dow rose +120-points or +0.22%, paring an earlier rally of as much as +360-points. Salesforce Inc rallied +5.07% and biopharmaceutical major Amgen Inc +4.02%, while Amazon.com Inc (+2.46%), Apple Inc (+2.19%), Nike Inc (+2.47%) and paints and coatings company Sherwin-Williams Co (+2.41%) gained over >2%.

US equity markets weaker for a third straight session, with the S&P 500 and Nasdaq booking their largest daily percentage declines since 29 July as fading hopes for a US-Iran peace deal continued to pushed oil prices higher, while investors also continued to eye bond yields that are at multi-year peaks – Dow eased -116-points or 0.22%. Caterpillar Inc (down -4.63%) was the worst performer in the 30-stock index.
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