Morning Report 17 Aug 22: US sharemarkets were mixed on Tuesday

US sharemarkets were mixed on Tuesday. Shares of Walmart climbed 5.1% after the retailer forecast a smaller drop in full-year profit than previously projected. Home improvement retailer Home Depot surpassed estimates for quarterly sales with its share price up 4.1%. But rising US government bond yields weighed on high-growth technology shares. The Dow Jones index closed higher for a fifth day, up by 240 points or 0.7%. The S&P 500 index rose by 0.2%. But the Nasdaq index dipped by 25.5 points or 0.2%.

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