Morning Report 13 Oct 22: US sharemarkets eased on Wednesday

US sharemarkets eased on Wednesday, with investors absorbing the latest economic news. The focus is now on the consumer price index data on Thursday. Shares in PepsiCo gained 4.2% after the soft-drinks maker raised its annual revenue and profit forecasts. The Dow Jones index fell by 28 points or 0.1%. The S&P 500 index fell by 0.3%. And the Nasdaq index lost 9 points or 0.1%.

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