Morning Report 28 Nov 22: US sharemarkets were mixed on Friday

<p>There were low trading volumes in a holiday-shortened session. A 2% lift in Boeing shares supported the Dow Jones index. But shares of Apple fell by 2% on news of reduced iPhone shipments from a Foxconn plant in China in November as production was hit by virus-related worker unrest. The Nasdaq and S&P 500 indexes were also weighed down by shares of Activision Blizzard, which dropped by 4.1% on news that the US Federal Trade Commission could block Microsoft from taking over the gaming company. At the close of trade, the Dow Jones index was up by 153 points or 0.5%. The S&P 500 index fell by less than 0.1% and the Nasdaq index shed 59 points or 0.5%. All three indexes ended the week higher. The Dow rose by 1.8%, the S&P 500 gained 1.5% and the Nasdaq was up 0.7%.</p> <p> This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (the Bank), and a Market Participant of the ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited. The information contained within this report is general in nature and has been prepared without taking account of the objectives, financial situation or needs of any particular individual. Any advice contained in this document is general advice only. Before making any investment decision, and before acting on any information in this report, you should consider the appropriateness and suitability of the information to your own needs and if needed, seek professional investment advice. Past performance is not a reliable indicator of future performance. For certain products, you should also consider the relevant Product Disclosure Statement or prospectus in deciding whether to acquire that product. CommSec, our employees and agents may receive commission and fees from transactions involving securities and other invest