Crude Oil Rises 2.8% to $97.77 as Stocks Trade Mixed
Oil rose 2.8% to $97.77. U.S. stocks were mixed midway through trading, with the Dow up 0.93%, the Nasdaq down 0.24% and the S&P 500 up 0.16%.
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Eurozone Retail Sales Rise 0.1% in August, Beat Estimates
Retail sales volumes in the eurozone increased by 0.1% in August, a reversal from a 0.6% decline in July. This figure surpassed expectations, which had predicted a slight contraction. The rise occurred despite a slump in automotive fuel sales as oil prices climbed during the month.
Walmart falls after Q2 results and soft Q3 guidance
Walmart shares fall around 10% after the retailer reports second-quarter adjusted EPS of 81 cents and sales of $187.9 billion, while third-quarter guidance comes in below estimates.
Lowe’s shares rise after mixed Q2, guidance cut below estimates
Lowe’s Companies shares rise after the retailer reported mixed second-quarter 2026 results, with adjusted EPS of $4.40 beating the $4.22 estimate while net sales of $25.96 billion missed $26.16 billion and full-year outlook narrowed below Wall Street estimates.