AM Report 13 June 18: Reaction to North Korean talks muted as markets prepare for the Fed.

US sharemarkets were mixed on Tuesday with the lack of detail about denuclearisation from the Trump-Kim summit keeping market moves restrained. Travelers Companies (-0.7%) and Goldman Sachs (-0.6%) led the Dow Jones lower. AT&T shares rose 0.5% ahead of the US District Court's decision on whether to permit its US$85 billion deal for Time Warner.  (After hours deal was permitted with no conditions) The Dow Jones finished lower by just 1.6 points or 0.01%. But the S&P 500 index rose by 0.2% and the Nasdaq index rose by 44 points or 0.6%. 

 

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