Morgans Financial Limited

US equity markets fell sharply while US Treasury yields dropped and the U.S. dollar weakened on Friday (10 October) after President Trump said he was weighing a "massive increase" in tariffs on Chinese goods - Dow dropped -879-points or -1.90% to 45,479.60. ‘Magnificent Seven’ mega-capitalisation technology stocks Amazon.com Inc (down -4.99%) and Nvidia Corp (-4.89% to US$183.16, hitting a record intra-day of ) both fell over >4.5% to be the worst performers in the 30s-stock index, while Nike Inc fell -4.17%.