Morgans AM: Wednesday, 18 January 2023

US equity markets were mixed as 7 of the 11 sectors dropped lead by Materials and Communication Services - Dow fell -391.76 points or 1.14% to 33,910.85, The broader S&P500 8.12 points or -0.20% to 3,990.97, The Nasdaq bounced on the back of Tesla, 15.96 points or 0.14% to 11,095.11. The small capitalisation Russell 2000 fell 2.95 points or 0.16% to 1,884.08.