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U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 350 points on Thursday. The Dow traded down 0.70% to 51,153.35 while the NASDAQ dipped 0.70% to 26,746.39. The S&P 500 also fell, dropping, 0.46% to 7,670.50. Leading and Lagging Sectors Energy shares jumped by 1.7% on Thursday. In
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Thursday. U.S. stocks settled higher on Thursday, with the Nasdaq Composite gaining more than 400 points during the session following a decline in Treasury yields and crude oil pric
Macy’s fell about 4% after reporting second-quarter fiscal 2026 results that beat Wall Street estimates but guiding third-quarter adjusted loss wider than expected. Adjusted EPS was 40 cents, excluding a 23-cent tariff refund benefit, and sales rose 1.1% to $4.866 billion.
Initial jobless claims fell by 1,000 to 206,000, broadly aligned with expectations for 205,000. The prior week’s reading was revised upward by 1,000 to 207,000.
The ISM services PMI surged to 55.4 in August from 54.1 previously, above the 54.3 market estimate and its strongest pace in six months.
U.S. stocks closed lower on Thursday as Treasury yields rose, the CNN Money Fear and Greed Index slipped to 52.5 from 57, and traders awaited earnings from BJ’s Wholesale Club and KE Holdings.
Walmart reported Q2 EPS of $0.81 versus $0.74 consensus and Q2 revenue of $187.9B versus $186.62B consensus, while guiding Q3 EPS to $0.62-$0.64 versus $0.68 consensus.
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.
U.S. initial jobless claims declined by 6,000 to 206,000 in the second week of August, below market estimates of 210,000, while the Philadelphia Fed Manufacturing Index rose to 47.4 in August from 41.4.