Morgans AM: Monday, 11 September 2023

US equity markets advanced on Friday (8 September) but settled off their session highs as investors eyed inflation data later this week - Dow up +76-points or +0.22%, Goldman Sachs Group Inc settled +1.11% higher on the news that the investment banking giant would cut underperformers as soon as October - a regular practice that it had paused in during the pandemic - according to the Financial Times.