Morning Report 24 Aug 20: US sharemarkets lifted on Friday

Both the S&P 500 and Nasdaq are at record highs. Economic data encouraged investors. A 5.15% lift in shares in Apple drove markets higher. The Dow Jones index rose by 191 points or 0.7%. The S&P500 index lifted 0.3% to record highs. And the Nasdaq index gained 47 points or 0.4% to a record closing high. Over the week the Dow was flat; the S&P 500 rose 0.7% (fourth straight gain - longest winning streak this year) and the Nasdaq rose by 2.7%.

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