Morning Report 1 Sep 20: US sharemarkets were mixed on Monday

Some investors booked profits at the end of the month. Shares in Tesla rose 12.6% and shares in Apple rose 3.4% after both companies effected stock splits. The Dow Jones index fell by 224 points or 0.8%. The S&P500 index fell by 0.2%. But the Nasdaq index gained 80 points or 0.7% to record highs. For the month the Dow rose by 7.6%; the S&P 500 rose by 7%; and the Nasdaq rose by 9.6%. It was the best August gain for the Dow Jones since 1984. It was the best August gain for the S&P 500 since 1986.

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