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U.S. stocks traded lower this morning, with the Dow Jones index falling more than 250 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.55% to 52,135.49 while the NASDAQ declined 0.32% to 26,101.58. The S&P 500 also fell, dropping, 0.24% to 7,601.85. Leading and Lagging Sectors Energy share
The US economy created 162,000 jobs in August, above estimates of 56,000. Unemployment held at 4.1%, while average hourly earnings rose 0.3% month over month and 3.1% year over year.
European stock benchmarks are mixed, with Britain’s FTSE 100 up 0.13% while Germany’s DAX falls 0.31% and France’s CAC 40 drops 0.38%.
Home Depot (NYSE: HD) reports second-quarter earnings of $4.92 per share and sales of $47.861 billion, both above analyst consensus, while the Nasdaq falls 1.25%.
The University of Michigan's consumer sentiment index declined to 51 in early August from 55.2 in the previous month, missing market estimates of 54.5.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 300 points on Tuesday. The Dow traded up 0.28% to 52,327.93 while the NASDAQ rose 1.31% to 26,157.23. The S&P 500 also rose, gaining, 0.67% to 7,490.49. Leading and Lagging Sectors Information technology shares jumped by 1.6% on Tu