Morning Report 11 Sep 19: US stocks mixed despite a late rally

US sharemarkets were mixed on Tuesday. Shares in Apple rose 1.2% after launching new products such as phones, watches and an Apple TV service in November. But shares in Merck lost 2.1% and shares in Ford fell by 1.3%. Shares in Wendys fell by 10.2% after projecting a drop in full year earnings. Investors watched news on the US-China trade war. The South China Morning Post reported that China will offer to buy more agricultural products from the US. The Dow Jones rose by 74 points or 0.3% and ended trade near session highs. The S&P500 index rose by 1.0 point or less than 0.1%. But the Nasdaq lost 3.3 points or less than 0.1%.

 

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