Morning Report 11 Mar 22: US sharemarkets traded lower on Thursday

US inflation accelerated for a sixth successive month and peace talks between Ukraine and Russia failed. Shares of tech giants Apple (-2.7%) and Tesla (-2.4%) both slumped. But Amazon shares jumped 5.4% after the company announced a 20-for-1 stock split and US$10 billion buyback. The Dow Jones index closed lower by 112 points or 0.3% after being down 466 points at session lows. The S&P 500 index fell by 0.4% and the Nasdaq index shed 126 points or 1%.  

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