Morning Report 20 Jul 20: US sharemarkets were mixed on Friday

Investors balanced the scope for more fiscal stimulus against the potential for more lockdowns. Shares in Goldman Sachs lost 1.5%, weighing on the Dow Jones index. Shares in Netflix lost 6.5% after the company gave a downbeat view on subscriber growth. The Dow Jones index fell by 63 points or 0.2%. But the S&P500 index rose by 0.3%. The Nasdaq index rose by 29 points or 0.3%. Over the week the Dow rose 2.3%; the S&P 500 rose by 1.2%; but the Nasdaq lost 1.1%.

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