About this episode

The episode discusses the positive movement in US equity markets driven by optimism regarding the US-Iran conflict resolution and shifts in stock investments.

US equity markets firmer amid yet another bout of optimism around a resolution to the US-Iran conflict , while there was also a pivot from certain technology stocks into more defensive sectors – Dow rallied +875-points or +1.73% to a record closing high of 51,561.93 . UnitedHealth Group Inc rose +5.16% to be the leading Dow component, with analysts at Bank of America upgrading their recommendation in the health insurer to ‘Buy’ and lifting their price target to US$450 (from US$420 previously), citing expectations of improving margins as a result of more favourable medical cost trends . Goldman Sachs Group Inc (+4.96%) and Merck & Co Inc (+4.85%) also gained ~5%.

Topics covered

• US equity markets
• US-Iran conflict
• technology stocks
• defensive sectors
• health insurance
• market trends

Keywords

• US equity markets
• optimism
• technology stocks
• defensive sectors
• UnitedHealth Group
• Bank of America
• Goldman Sachs
• Merck
• market trends

Mentioned in this episode

Organizations: UnitedHealth Group Inc, Bank of America, Goldman Sachs Group Inc, Merck & Co Inc

Places: US, Iran

More episodes of Morgans AM

• Thursday, 4 June 2026: Five Session Stretch Broken as US Markets Retreat · June 3, 2026 · 7 min
• Morgans AM Tuesday 2 June 2026 · June 1, 2026 · 7 min
• Friday, 29 May 2026: Markets UP as U.S. and Iran agreed to extend their ceasefire · May 28, 2026 · 5 min
• Wednesday, 27 May 2026: Tech Rally Powers Markets to New Highs Despite Global Uncertainty · May 26, 2026 · 7 min
• Monday, 25 May 2026: Markets Hit Record Highs as Merck Surges and Nvidia Slips · May 24, 2026 · 7 min
• Friday, 22 May 2026: Markets Advance to cap another strong week · May 21, 2026 · 5 min

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