A daily bulletin featuring an overnight sharemarket summary and economic news from across the globe, broadcast in the Morgans studio before the Australian stock market opens each morning.
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A daily bulletin featuring an overnight sharemarket summary and economic news from across the globe, broadcast in the Morgans studio before the Australian stock market opens each morning.
Friday, 31 October 2025: US Markets Retreat After Record Highs
Morgans AM
7 minutes
1 week ago
Friday, 31 October 2025: US Markets Retreat After Record Highs
US equity markets retreated a dayafter logging record intra-day highs for a third straight session, with investors continuing to assess earnings from mega-capitalisation technology names and yesterday’s (30 October) meeting between President Trump and Chinese leader Xi Jinping - Dow fell -110-points or -0.23%, sliding in the closing hour of trading . Boeing Co dropped -6.32% to be the worst performer in the 30-stock index a day after the aircraft manufacturer posted a weaker-than-expectedthird quarter profit and flagged a US$4.9B charge "associated with updated 777X certification timing." Microsoft Corp -2.92% despite posting better-than-expected third quarter EPS and revenue (US$77.7B versus consensus US$75.5B) after the close of the previous session, underpinned by Microsoft Cloud and AI strength. UnitedHealth Group Inc shed -2.96%, while Nvidia Corp lost -2%) a day after becoming the first company to close with a US$5 trillion market capitalisation
Morgans AM
A daily bulletin featuring an overnight sharemarket summary and economic news from across the globe, broadcast in the Morgans studio before the Australian stock market opens each morning.
