Markets drop from records as consumer stocks weigh

Aug 17, 2021 · 43m 46s
Markets drop from records as consumer stocks weigh
Description

The S&P and Dow snapped 5-day win streaks on Tuesday with major indexes shedding nearly a percent. The consumer discretionary sector led losses, as strong earnings from Walmart and Home...

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The S&P and Dow snapped 5-day win streaks on Tuesday with major indexes shedding nearly a percent. The consumer discretionary sector led losses, as strong earnings from Walmart and Home Depot were not enough to excite investors. Plus homebuilder sentiment took a hit in August, sending shares of builders plunging
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Author CNBC
Organization CNBC
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