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.
Wednesday 8 October 2025: US Government Shutdown Enters Second Week
Morgans AM
6 minutes
1 month ago
Wednesday 8 October 2025: US Government Shutdown Enters Second Week
US equity markets retreated overnight as the US government shutdown entered its second week but not before the S&P500 and Nasdaq scaled fresh record intra-day highs- Dow eased -92-points or -0.20%, with Nike Inc (down -3.18%) the worst performer in the 30-stock index, while Salesforce Inc fell -2.46% after the company said it won’t pay a ransom demand from a hacker who claimed to have stolen a large amount of client data and threatened to publish it, according to an email seen by Bloomberg. International Business Machines (IBM) Corp rose +1.54% following news it was partnering with Anthropic to integrate the artificial intelligence (AI)firm's Claude large language model into its enterprise software. Amazon.com Inc added +0.4% as the e-commerce giant began its two-day Prime Big Deal Days.
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.
