While retail sales in July fell short of forecasts, production met expectations. Shares in chip maker Applied Materials rose 3.9% after it forecast fourth-quarter revenue above analyst estimates. The Dow Jones index rose by 34 points or 0.1%.
AM Report: US Sharemarkets Were Mixed On Friday
While retail sales in July fell short of forecasts, production met expectations. Shares in chip maker Applied Materials rose 3.9% after it forecast fourth-quarter revenue above analyst estimates. The Dow Jones index rose by 34 points or 0.1%.
- Published on August 17, 2020
- By Tom Piotrowski
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