Morning Report 22 Jul 22: US sharemarkets advanced on Thursday

Tesla shares rose by 9.8% after its quarterly results beat estimates. But shares of AT&T fell 7.6% after lowering its full-year free cash flow guidance. United Airlines' results disappointed, pushing the stock down by 10.2%. And Carnival shares dipped 11.2% after the cruise company announced it was selling US$1 billion of stock. The Dow Jones index rose by 162 points or 0.5% and the S&P 500 index rose 1.0%, posting its biggest three-day rally since May 27. The Nasdaq index also added 162 points or 1.4%.  

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