Morning Report 24 Apr 23: US sharemarkets inched ahead on Friday assisted by positive economic data.

Earnings results were mixed. Shares in Procter & Gamble rose by 3.5% in response to its earnings result. Shares in Freeport-McMoRan fell 4.1% in response to a halving of its first quarter profit. The Dow Jones index rose by 22 points or 0.1%. The S&P 500 index rose by 0.1%. And the Nasdaq index rose by 13 points or 0.1%. Over the week the Dow fell by 0.2%; the S&P 500 lost 0.1%; and the Nasdaq fell by 0.4%.

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