Morning Report 27 Jul 22: US sharemarkets were weaker on Tuesday

Shares in retail giant Walmart fell 7.6% after delivering a profit warning. Investors were also nervous ahead of the interest rate decision. But shares in Coca-Cola (+1.6%) and McDonalds (+2.7%) rose after releasing earnings results. The Dow Jones index lost 228.5 points or 0.7%; the S&P 500 index fell by 1.2%; and the Nasdaq index lost 220 points or 1.9%.

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