Morning Report: US sharemarkets fell on Tuesday

A gauge of new US home sales slid by more than forecast as higher prices restrained demand. But US Federal Reserve Vice Chair Richard Clarida said price pressures would “prove to be transitory.” Exxon Mobil shares fell 2.3% on reports BlackRock has backed several candidates of hedge fund Engine No. 1 to join the energy giant’s board. Amazon shares came under pressure (+0.4%) after Washington DC Attorney General Karl Racine said he’s suing the e-commerce giant on anti-trust grounds. Boeing shares rose 1.4% on 14 new orders for 737 MAX jets. The Dow Jones index fell by 81.5 points or 0.2%. The S&P 500 index also slid 0.2% and the Nasdaq index lost 4 points or less than 0.1%.