Morning Report 8 August 19: Stocks plunge & recover in response in response to growth concerns

 

US sharemarkets lifted from lows over Wednesday's session. Recession fears gripped markets in response to lower bond yields. And the energy sector weakened in response to a slump in oil prices. Shares in Walt Disney fell 5% in response to earnings news. After being down 589 points, the Dow Jones finished lower by 22 points or 0.1%. But the S&P500 was up 0.1%, while the Nasdaq lifted almost 30 points or 0.4%.

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