Morgans AM
Morgans AM
Morgans Financial Limited
Thursday, 10 February 2022: US equity markets advanced, underpinned by a further rebound for the technology sector
5 minutes Posted Feb 9, 2022 at 10:46 pm.
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US equity markets advanced, underpinned by a further rebound for the technology sector - Dow up +305-points or +0.86% . The broader S&P500 +1.45%, with Communication Services (up +2.45%), Real Estate (+2.38%), Information Technology (2.31%) and Materials (+2.13%) all climbing over >2% to lead all eleven primary sectors higher. The technology-centric Nasdaq +2.08%, settling over >8% above its 27 January closing low Facebook parent Meta Platforms Inc rebounded +5.37% a day after the company’s market capitalisation fell below