^IXIC - NASDAQ Composite
| Previous Close | 8,002.81 |
| Open | 7,989.36 |
| Volume | 1,591,994,416 |
| Day's Range | 7,948.09 - 8,010.58 |
| 52 Week Range | 6,190.17 - 8,339.64 |
| Avg. Volume | 1,984,907,142 |
- Yahoo Finance
Jackson Hole Preview: Fed will try not to ‘trigger carnage’
A lot has happened since the Fed's last meeting where it lowered rates for the first time in over a decade. How will policymakers navigate communication at their annual summit in Jackson Hole this week?
- MarketWatch
Stock-market volatility won’t go away ‘anytime soon,’ says CIO of U.S.’s third-largest pension fund
Anastasia Titarchuk says a summer bout of stock-market volatility is likely here to stay unless there’s a resolution soon of the trade tussle between the U.S. and China.
- Investor's Business Daily
Dow Jones Futures: Stock Market Rally Pauses; Paycom, These 4 Leaders Just Entered Buy Zones
Stock futures: The market rally paused near a key level Tuesday. But IBD 50 stocks Paycom, Lululemon, Kirkland Lake Gold and HubSpot are in buy zones.
- FX Empire
U.S. Investors Trim Positions Ahead of Wednesday’s Fed Minutes
A drop in Treasury yields drove bank shares lower, which weakened the financial sector-weighted S&P; 500 and Dow. Citigroup, Bank of America and J.P. Morgan Chase all declined as the benchmark 10-year yield fell about 5 basis points on Tuesday, or 0.05 percentage points, to 1.54%.
- Barrons.com
The Dow Fell 173 Points Because Stocks Can’t Sustain a Rally
U.S. stocks closed lower on Tuesday after rising three sessions in a row. Investors are waiting for more monetary-policy clues ahead of the Wednesday release of the Federal Reserve’s latest minutes.
- Reuters
GLOBAL MARKETS-Safe havens rise as recession concerns trigger easing bets
Investors on Tuesday sought traditional safe havens, including the Japanese yen and U.S. Treasuries, even as there were signs that more economic stimulus was on its way, as markets focused on concerns over a global deceleration. The prospect of new elections in Italy after the resignation of Prime Minister Giuseppe Conte added to global uncertainties, but Italian markets had been jittery over infighting within the coalition and Italian sovereign bond yields fell after the announcement. U.S. President Donald Trump said his administration was looking to cut some taxes but that he was not talking about doing anything imminently.
- MarketWatch
Dow snaps 3-day win streak, ends at session lows as recession worries dog market
U.S. stocks finish at Tuesday’s low as investors contend with worries about the strength of the U.S. economy and political developments in Europe that are weighing on government bonds.
- Investor's Business Daily
Dow Jones Closes At Session Low, But These 3 Dow Stocks Avoid Loss
Key indexes closed at or near session lows in the stock market today, after three days of solid gains for the Dow Jones Industrial Average.
- Reuters
US STOCKS-Wall Street rally ends as financial shares slide
Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week. The S&P 500 financial index dropped 1.4% and the group weighed most heavily on the benchmark index among its major sectors, which all registered losses. The S&P 500 is now 4.1% shy of its record closing high in July after having fallen as much as 6.2% below that level.
- MarketWatch
Dow snaps three-day win streak as bond yields beat retreat
U.S. stocks finished lower on Tuesday as geopolitical jitters and U.S. economic concerns hung over investors ahead of the Federal Reserve's Jackson Hole symposium at the end of the week. The S&P 500 fell 0.8% to end around 2,901. The Dow Jones Industrial Average shed 173 points, or 0.7%, to end near 25,962, based on preliminary numbers. The Nasdaq Composite slipped 0.7% to finish around 7,949. Fears over Italy's political situation grew after Prime Minister Giuseppe Conte resigned following a spat with Matteo Salvini, leader of the League party. In the U.S., President Donald Trump lambasted the Federal Reserve for failing to slash interest rates. The 10-year Treasury note yield fell 4.6 basis points to 1.557%. Bond prices move in the opposite direction of yields. In company news, shares of Home Depot Inc. rose more than 4% after its earnings beat analysts' expectations.
- Investor's Business Daily
Markets Fall Back In Listless Trade; Home Depot, Medtronic Get Big Earnings Boosts
The rebound in stocks stumbled Tuesday as major indexes weakened in afternoon trading. If the drop holds, it will end a three-day streak of gains.
- MarketWatch
Trump says White House looking at payroll tax cut, urges Fed rate cut
President Donald Trump said Tuesday his administration is looking at tax cuts, including cutting payroll taxes. Trump's comment follows a late-Monday Washington Post report that the administration was considering a temporary payroll tax cut. The White House said cutting payroll taxes wasn't under consideration, and Trump on Tuesday did not put any time frame on such a cut. But he said, "payroll taxes is something I have been thinking about. Many people would like to see that." The president also repeated his desire for the Federal Reserve to cut interest rates. "If the Fed would do its job, we'd have a tremendous spurt of growth," Trump said in remarks alongside the president of Romania at the White House.
- Reuters
US STOCKS-Wall St slips after three days of gains; Home Depot rises
Wall Street's main indexes edged lower on Tuesday after three sessions of gains, as lower Treasury yields weighed on financial stocks, offsetting a boost from Home Depot's better-than-expected quarterly earnings. "Markets have been extremely strong over the past few days, so there is a little bit of profit taking," said Gary Bradshaw, portfolio manager with Hodges Funds in Dallas. "Home Depot's earnings show that people are continuing to invest in their homes, a positive for Wall Street and the U.S. consumer," Bradshaw said.
- MarketWatch
S&P 500 extends bullish reversal, rallies within view of 50-day average
Technically speaking, the S&P 500 has extended its rally from major support, rising within striking distance of its third recent retest of the 50-day moving average, writes Michael Ashbaugh.
- Reuters
US STOCKS-Wall Street treads water after 3-day winning streak as financials weigh
The benchmark S&P 500 is now about 3.6% below its all-time high hit in July. Losses on the blue-chip Dow and the S&P 500 indexes were tempered by a 4.3% rise in Home Depot Inc.
- Motley Fool
Stock Market News: Home Depot Rises, Kohl's Falls on Mixed Results
The overall market fell Tuesday morning as investors weighed the latest earnings reports.
- Reuters
Wall Street rally ends as financial shares slide
Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week. The S&P 500 financial index dropped 1.4% and the group weighed most heavily on the benchmark index among its major sectors, which all registered losses. The S&P 500 is now 4.1% shy of its record closing high in July after having fallen as much as 6.2% below that level.
- Reuters
US STOCKS-Wall Street set to snap 3-day win streak as financials weigh
U.S. stocks eased on Tuesday after three sessions of strong gains, weighed by declines in financial companies, while better-than-expected results propped up retailer Home Depot. "Today just looks like a digestion day of recent gains and there is not a lot of news that would swing the market wildly in either direction," said Aaron Clark, portfolio manager at GW&K Investment Management in Boston, Massachusetts. Losses on the blue-chip Dow and the S&P 500 indexes were tempered by a 3.9% rise in Home Depot Inc, after the company's quarterly profit beat estimates.
- MarketWatch
Cemtrex stock soars to lead Nasdaq gainers after Q2 results
Shares of Cemtrex Inc. shot up 71% on heavy volume to pace all Nasdaq gainers Tuesday, after the provider of manufacturing services and engineered electronics reported a narrower second-quarter loss, a rise in revenue and said it expects improvement to profitability over the next few quarters. Trading volume jumped to over 10.6 million shares, compared with the full-day average of about 342,000 shares. The net loss narrowed to $3.1 million, or $1.59 a share, from $4.1 million, or $2.41 a share, in the same period a year ago, while total revenue grew to $22.45 million from $19.16 billion. The company said expenses increased during the quarter because of one-time finance and legal charges. "We have implemented a number of changes in our organization to focus on increasing cash flow from operations which have already started to materialize," said Chief Executive Saagar Govil. The stock has still tumbled 44% year to date, while the Nasdaq Composite has climbed 20% and the S&P 500 has gained 16%.
- Investor's Business Daily
Stock Market Rally Pauses, But Dow Jones Stock Home Depot Hits Buy Point
The major stock indexes were squarely lower in morning trade Tuesday. Home Depot surged into a buy zone after earnings.
- Investor's Business Daily
Dow Jones Today: Home Depot Soars On Earnings; Disney Stock Dips On Whistleblower Report
The Dow Jones today edged higher in premarket trading Tuesday. Home Depot was a bright spot after the retailer reported earnings.
- Yahoo Finance Video
Is the White House considering a payroll tax cut?
The administration is denying what's being widely reported. Yahoo Finance's Adam Shapiro, Rick Newman, Sibilie Marcellus and Steve Ellis Taxpayers for Common Sense Vice President discuss.
