Morning Report 25 May 20: US sharemarkets closed mixed on Friday

US-China tensions dominated. The US Commerce Department said it was adding 33 Chinese companies and other institutions to an economic blacklist for human rights violations and to address U.S. national security concerns. Real estate rose 2.2% and energy lost 0.7%. At the close of trade, the Dow Jones index fell by 9 points or less than 0.1%. But the S&P500 index was up by 0.2%. And the Nasdaq index rose 40 points or 0.4%. Over the week the Dow added 3.3%, the S&P 500 rose 3.2% and the Nasdaq lifted by 3.4%.

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