Morning Report 3 Nov 20: US sharemarkets rose on Monday

It was a choppy trading session as investors braced for Tuesday's US presidential election. Mega cap technology shares slid with Facebook (-0.7%), Amazon (-1%), Apple (-0.1%) and Microsoft (-0.1%) all lower. But the rebound in crude oil prices pushed Chevron (+3.8%) higher. Shares of cleaning products company Clorox rose 4.2% after reporting its strongest quarterly sales growth in two decades. Market research firm Nielsen Holdings shares gained 3.9% on plans to sell its consumer goods data unit for US$2.7 billion to private equity firm Advent International. At the close of trade, the Dow Jones index rose by 423 points or 1.6%. The S&P500 index gained 1.2% and the Nasdaq index climbed 46 points or 0.4%.   

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