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Morning Report 2 Aug 23: US sharemarkets were mixed on Tuesday

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Traders waded through a patchy batch of corporate earnings and economic figures. Shares of Zebra Technologies slid 17.3% after the company posted disappointing results. Norwegian Cruise Line shares dropped 12.1% after its third quarter guidance missed analyst estimates. Shares of pharmaceutical giant Merckdipped 1.3% even after reporting a smaller-than-expected loss and revenue that exceeded expectations. Pfizer sharesslid 1.3% after posting mixed results due to falling Covid product sales, while Uberlost 5.7% on mixed earnings. JetBlue Airwaystumbled 8.3% after slashing guidance. But Caterpillar shares added 8.9% as the economic bellwether reported a rise in second-quarter profit. The Dow Jones index rose by 71 points or 0.2%. But the S&P 500 index slid 0.3% and the Nasdaq index shed 62 points or 0.4%.

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Category
NORWEGIAN NEWS
Tags
ASX, AUD, Aussie Dollar
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