• US equity markets settled with modest gains, boosted by a late rally among large capitalisation technology names and shrugging off some weaker-than-expected consumer confidence data Dow inched +4-points higher. ‘Magnificent Seven’ members Amazon.com Inc (up +1.21%) and Apple Inc (+1.37%), investment banks Goldman Sachs Group Inc (+1.01%) and JPMorgan Chase & Co (+1.24%) and Walt Disney Co (+1.43%) all climbed over >1%. Merck & Co fell -4.81% after the company announced a US$2B commitment for Oral Lipid-Lowering Drug from Chinese Biotech Jiangsu Hengrui.
