Morgans Financial Limited

US equity markets opened the week on a positive footing, recovering from an opening slide after President Trump hinted at a possible resumption of negotiations with Iran. “We’ve been called by the other side,” President Trump said, adding “They’d like to make a deal very badly.” – Dow rose +302-points or +0.63%, recovering from an earlier session slide of over >400-points or ~0.9%. Salesforce Inc (up +4.76%) was the leading Dow component, snapping a five-session losing streak that pushed the stock -11.87% lower last week. International Business Machines (IBM) Corp (+3.06%) and American Express Co (+3.29%) rose over >3%.