Morgans AM: Tuesday, 27 July 2021

US equity markets logged another round of record closing highs, settling near their best levels of the session after swinging between modest gains and losses during Monday’s session - Dow up +83-points or +0.24% at 35,144.31. Intel Corp fell over >3% in the extended session after the chip maker revealed its “road map” and repackaging plans for its future products. The broader S&P500 added +0.24% to 4,422.30, with Energy (up +2.50%) returning to the top of the primary sector leaderboard. The Nasdaq inched +0.03% higher to 14,840.71 ahead of a host of earnings releases from technology heavyweights tonight AEST. The small capitalisation Russell 2000 added +0.33%.