Morning Report 25 Aug 20: US sharemarkets lifted on Monday

US sharemarkets lifted on Monday in response to news on advances in the war against the coronavirus. But dampening sentiment was the stalled talks by US Congress on a fresh aid package for the jobless. Shares in Apple rose 1.2% to record highs ahead of a stock split. The Dow Jones index rose by 378 points or 1.4%. The S&P500 index lifted 1.0% to record highs. And the Nasdaq index gained 68 points or 0.6% to a record closing high.

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