Morgans AM
Morgans AM
Morgans Financial Limited
Friday, 15 September 2023: US equity markets rallied as investors digested strong wholesale prices and retail sales
5 minutes Posted Sep 14, 2023 at 11:59 pm.
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US equity markets rallied as investors digested strong wholesale prices and retail sales data - Dow gained +332-points or +0.96%, booking its largest daily point and percentage gain since 7 August.

The broader S&P500 rose +0.84%, with all of Real Estate (up +1.71%), Utilities (+1.17%), Materials (+1.40%), Energy (+1.26%) and Communication Services (+1.18%) rising over >1% to lead all eleven primary sectors higher. The Nasdaq climbed +0.81%. The small capitalisation Russell 2000 lost -0.49%. Tonight’s AEST expiration is set to be the sixth-largest monthly expiration on record, in addition to being the largest September.