Morning Report 8 Jan 20 - US stocks mixed as Iran remains in focus

US sharemarkets were mixed on Tuesday. Investors monitored tensions between the US and Iran. But US economic data was generally positive. And technology shares rose. Shares in Micron Technology rose 8.5% on a broker upgrade and shares in Microchip Technology rose 6.4% after lifting its sales forecast. With a hour of trade to go, the Dow Jones index was down by 110 points or 0.4%. The S&P500 index was lower by 0.2% and the Nasdaq index rose by 6 points or 0.1%.

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