Morgans AM: Monday, 5 December 2022

Morgans Financial Limited

A mixed session to end the week for US equity markets as investors digested the latest monthly jobs report, although all three benchmark indices booked a second straight week of gains - Dow added +35-points or +0.10%, The broader S&P500 slipped -0.12%, with Energy (down -0.60%) and Information Technology (-0.55%) both falling over >0.5% to lead six of the eleven primary sectors lower. Materials (up +1.10%) was the leading primary sector performer on Friday (2 December). The Nasdaq lost -0.18%, paring an earlier decline of as much as -1.6% The small capitalisation Russell 2000 rose +0.59%.