Morning Report 25 Sep 20: US sharemarkets rose in a choppy session on Thursday

Homebuilders rose 0.7% after data showed the highest new home sales in 14 years. But waning hopes of more fiscal stimulus weighed on sentiment. Overall, economic data was mixed. The Dow Jones index rose by 52 points or 0.1% after trading in a 558 point range. The S&P500 index edged 0.3% higher and the Nasdaq index rose by 39 points or 0.4%.

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