Morgans AM
Morgans AM
Morgans Financial Limited
Wednesday, 3 May 2023: US equity markets declined under the weight of fresh falls for regional banks and the energy sector
5 minutes Posted May 2, 2023 at 11:28 pm.
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US equity markets declined under the weight of fresh falls for regional banks and the energy sector - Dow down -367-points or -1.08%, The broader S&P500 lost -1.16%, with Energy (down -4.28%) and Financials (-2.30%) leading ten of the eleven primary sectors lower. Consumer Discretionary (+0.16%) was the only primary sector to settle in positive territory. The technology-centric Nasdaq fell -1.09%. The small capitalisation Russell 2000 dropped -2.10%.