Morning Report 5 May 20: US sharemarkets rose on Monday
CommSec

Morning Report 5 May 20: US sharemarkets rose on Monday

2020-05-05
Investors weighed the reopening of the US economy against brewing tensions between China and the US. Shares of Delta Air Lines (-6.4%), American Airlines (-7.7%) and Boeing (-1.4%) fell after Berkshire Hathaway announced that it had sold all of its airline holdings due to the virus outbreak. Shares of Tyson Foods fell 7.8% after it forecast meat sales to fall in the second half of the year. But shares of tech giants Microsoft, Amazon, Facebook and Netflix rose by 1.3%-3.1%.At the close of...
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