Morning Report 25 Aug 22: US sharemarkets rose on Wednesday

Real estate led gains, up 0.7% with consumer discretionary up 0.6%. Shares in Nordstrom lost 20% after the retailer cut its annual revenue and profit forecasts. The Dow Jones index rose by 60 points or 0.2%. The S&P 500 index rose by 0.3%. And the Nasdaq index rose by 50 points or 0.4%.

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