Morgans AM
Morgans AM
Morgans Financial Limited
Friday, 7 October 2022: US equity markets retreated ahead of tonight’s AEST key jobs figures
4 minutes Posted Oct 6, 2022 at 11:09 pm.
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US equity markets retreated ahead of tonight’s AEST key jobs figures and as Treasury yields continued to climb - Dow fell -347-points or -1.15%, The broader S&P500 -1.02%, with Utilities (down -3.30%) and Real Estate (-3.20%) both dropping over >3% to lead ten of the eleven primary sectors lower. However, the Energy sector extended its relative outperformance into a fourth straight session, up +1.82%. The Nasdaq -0.68%. The small capitalisation Russell 2000 lost -0.58%.