Morgans AM: Tuesday, 10 October 2023

US equity markets advanced, recovering from opening losses as investors continued to digest terrorist group Hamas’ barbaric attacks in Israel and the scope for the conflict to broaden - Dow up +197-points or +0.59%, with energy giant Chevron Corp (up +2.77% the leading index performer. Walt Disney Co gained +2.12% after The Wall Street Journal reported, citing sources, that activist investor Nelson Peltz’s Trian Fund Management has lifted its stake in a bid to get several more seats on the company’s board.