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Shares curbed some of their losses as investors sank back into the market on Tuesday, pulling back from record levels.
The Dow Jones Industrial Average fell below 100 points, or 0.4%, with two Dow retail members, Home Depot and Walmart, losing weight. Will be done.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| Me: DJI | Dow Jones average | 29780.1 | -170.34 | -0.57% |
| HD | Home Depot INC. | 272.44 | -7.49 | -2.68% |
| WMT | W AL LAMART INC. | 149.71 | -2.98 | -1.95% |
| B.A. | Boeing Company | 210.17 | +7.73 | + 82.82૨% |
The S&P 500 was down 0.2% compared to the worst level of the session.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| SP500 | S&P 500 | 3609.74 | -17.17 | -0.47% |
| XLE | Energy Select Sector SPDR ETF | 36.32 | +0.19 | + 0.53% |
Shares of Home Depot weakened despite a solid quarter after the housing reform chain, noting that the cost of bringing in more workers would increase by billions of dollars.
Sales of e-marts rose 79 percent, with Walmart beating expectations, but signaling a slowdown in the epidemic.
VLMart accelerates coronavirus
Tesla was a trend, based on word that it will be added to the S&P 500 in December, a much-anticipated development for investors and CEO Elon Musk. The Nasdaq composite was higher than usual.
Elon Musk will be added to the Tesla S&P 500
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 442.62 | +34.53 | + 8.46% |
| I: Comp | Nasdaq Composite Index | 11908.039738 | -16.09 | -0.13% |
Dow, S&P Heat Modern’s COW Weed-19 Vaccine, Transport and Small Caps Follow Record
Amazon Pharmacy
Amazon said it is entering the pharmacy business, offering prescriptions and other healthy items for free to Prime members. The announcement put pressure on shares of traditional drug store chains such as CVS and Walgreens.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| AMZN | AMAZON.COM INC. | Held at 3,143.51 | +12.46 | + 0.40% |
| CVS | CVS Health Corporation | 67.12 | -6.34 | -8.64% |
| WBA | Walgreens Boot Aliens INC. | 39.85 | -4.25 | -9.64% |
Enter the Amazon Pharmacy Business
Shakeup at AT&T
AT&T has announced that its CFO, John Stephens, will step down in March 2021. From April 1, 2021, he will be promoted by Warnermedia CFO Pascal Desroches.
“I admire John so much [Stephens] Outstanding leadership, unwavering dedication and many important contributions to AT&T, and AT&T CEO John Stankey, said in a statement. “His financial expertise and strong commitment to our investors, employees and customers have been invaluable as we have invested in becoming a leader in connectivity and content,” he said. He has helped us maintain the financial strength and flexibility needed to create long-term value for shareholders. Although he will not retire until next spring, I would like to take this opportunity to wish John and his family all the best in the years to come. “
Economic data
October retail sales expectations fell 0.3% and 0.2%, lower than expected, excluding toe sales. Economists expect growth of 0.5% and 0.5%, respectively.
October import prices rose -0.1% and 0.1%, excluding oil. Export prices have risen by 0.2% and have remained flat excluding agriculture.
Economy Industrial production is expected to grow by 0.9% in October, while business inventory is expected to grow by 0.5% in September.
The NAHB Housing Market Index continued to show optimism with the November 90 reading exceeding expectations of 85.
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Crude instructions
Crude oil slipped slightly on Tuesday to reach 41 41.28. Gold also fell 0.1% to 8 1,886.
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