Morning Report 24 Aug 22: US sharemarkets were weaker on Tuesday

Economic data was soft but a higher oil price boosted energy stocks. The energy sector rose by 3.6%. Technology stocks also rose. But real estate fell by 1.5%. The Dow Jones index lost 154 points or 0.5%. The S&P 500 index lost 0.2%. And the Nasdaq index fell by 0.3 points or less than 0.1%.

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