Morning Report 19 Aug 22: US sharemarkets were up modestly on Thursday

Shares in Cisco Systems rose by 5.8% after issuing an upbeat sales forecast. But shares in Kohl's Corp slid by 7.7% after the retailer cut its full-year sales and profit forecasts. Shares in Apple fell 0.2%, Microsoft shares fell 0.4% and Walmart lost 0.3%. The Dow Jones index rose by 19 points or 0.1%. The S&P 500 index lifted by 0.2%. And the Nasdaq index gained 27 points or 0.2%.

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