Morning Report 31 Aug 22: US sharemarkets fell for a third straight session on Tuesday

Job openings posted an unexpected rise in July, underlining expectations of further rate hikes from the Federal Reserve. Investors also digested new comments by three Federal Reserve officials. Shares in Best Buy rose 1.6% on a smaller-than-expected drop in sales. At the close of trade, the Dow Jones index was lower by 308 points or 1.0% . The S&P 500 index fell by 1.1% and the Nasdaq index lost 134.5 points or 1.1%.

 

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