Morgans Financial Limited

Chip stocks traded strongly for a third consecutive session to underpin fresh gains on US equity markets - Dow rose +214-points or +0.51%. Nvidia Corp rose +2.8% to US$141.22 to be the leading performer in the 30-stock index, reclaiming the title from Microsoft Corp (+0.22%) as the most valuable US company by market capitalisation (at US$3.45 trillion).