Morgans AM: Tuesday, 6 December 2022
Dec 5, 2022 ·
5m 19s
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Description
US equity markets fell following a hotter-than-expected services sector activity report - Dow fell -483-points or -1.40%. Salesforce Inc dropped -7.35%, touching its lowest level in more than 2-years intra-day...
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US equity markets fell following a hotter-than-expected services sector activity report - Dow fell -483-points or -1.40%. Salesforce Inc dropped -7.35%, touching its lowest level in more than 2-years intra-day (US$133.36) after the company confirmed a report in The Wall Street Journal that Slack co-founder and chief executive Stewart Butterfield was leaving the company and that Lidiane Jones, who is part of the Salesforce executive team, would take over for him. The broader S&P500 shed -1.79%, with Consumer Discretionary (down -2.95%), Energy (-2.94%) and Financials (-2.50%) all falling 2.5%+ to lead all elven primary sectors lower. The Nasdaq lost -1.93%. The small capitalisation Russell 2000 dropped -2.78%.
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Author | Morgans Financial Limited |
Organization | Morgans Financial Limited |
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