Morning Report 10 Sept 19: Stocks in a holding pattern as growth concerns moderate

 

US sharemarkets were mixed on Monday. Financials rose by 1.5% with banks up 3.15%. Technology lagged with shares in Microsoft down 1.1%. But shares in Apple rose 0.4% ahead of the launch of new products on Tuesday. The energy sector rose 1.8% in response to higher oil prices. The Dow Jones rose by 38 points or 0.1%. The S&P500 index fell by 0.3 points or less than 0.1% and the Nasdaq lost almost 16 points or 0.2%.

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