Morning Report 15 Jul 22: US sharemarkets closed mostly lower on Thursday

Shares of JPMorgan Chase (-3.5%) and Morgan Stanley (-0.4%) both fell after the US banks reported a slump in quarterly profits and warned of an impending US economic slowdown. Food group Conagra Brands' shares tumbled 7.3% after issuing a disappointing annual earnings forecast. But shares of Apple were up by 2.1%. The Dow Jones index fell by 143 points or 0.5% and the S&P 500 index slid 0.3%. But the Nasdaq index added 4 points or less than 0.1%. 

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