Morning Report 4 Aug 2021: US sharemarkets were firmer on Tuesday

There were positive earnings results and firmer economic data offsetting worries about the growing spread of the delta coronavirus variant. Lifting the broader market were energy and healthcare stocks while shares in Apple rose 1.3%. Shares in Under Armour rose 6.2% and shares in Ralph Lauren rose by 6.3% after raising their annual revenue forecasts. The Dow Jones index lifted by 278 points or 0.8%. The S&P 500 gained 0.8% to record highs. And the Nasdaq index rose by 80 points or 0.6%.

 

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