Morning Report 19 Aug 20: US sharemarkets were mixed on Tuesday
CommSec

Morning Report 19 Aug 20: US sharemarkets were mixed on Tuesday

2020-08-19
The S&P500 and Nasdaq indexes both closed at record highs as technology shares rallied and US housing data added to investor optimism. Shares of Amazon (+4.1%) and Tesla (+2.8%) both jumped. Retailers Home Depot (-1.1%) and Walmart (-0.7%) capped index gains by selling off despite stronger-than-forecast quarterly results.And Kohl's (-14.7%) shares tumbled after posting a quarterly loss and declining sales. A tightening of US restrictions on Huawei and the ongoing stimulus stalemate limited...
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