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Caesar_XII
2021-08-17

Stocks open lower after larger-than-expected drop in retail sales

(Aug 17) Stocks open lower after larger-than-expected drop in retail sales. Dow industrials fall 291

Stocks open lower after larger-than-expected drop in retail sales

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S&amp;P 500 drops 0.7% to 4,448.21. Nasdaq Composite down 0.9% at 14,650.41.</p>\n<p>China tech stocks slump&nbsp;as&nbsp;China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.</p>\n<p><img src=\"https://static.tigerbbs.com/792e1772879dc34b07a1aad8629d5ca1\" tg-width=\"375\" tg-height=\"853\" width=\"100%\" height=\"auto\">Dow member Home Depot fell more than 4%&nbsp;after reporting second-quarter results, knocking futures. While quarterly earnings topped estimates, same-store sales rose 4.5% in the period, below the 5% consensus estimate of analysts polled by StreetAccount. U.S. same store sales increased by just 3.4%.</p>\n<p><img src=\"https://static.tigerbbs.com/6e4c94ff0a55a39c655244dde44c44ae\" tg-width=\"1129\" tg-height=\"653\" width=\"100%\" height=\"auto\"></p>\n<p>Walmart shares gained&nbsp;0.27% after&nbsp;second-quarter earnings topped estimates. The retailer issued cautious guidance; the company said it will earn between $1.30 and $1.40 a share this quarter while the consensus analyst estimate is $1.32, according to StreetAccount.</p>\n<p><img src=\"https://static.tigerbbs.com/cc921ddb3f633aa1f233242ac43da84c\" tg-width=\"1129\" tg-height=\"653\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146168029","content_text":"(Aug 17) Stocks open lower after larger-than-expected drop in retail sales.\nDow industrials fall 291 points, or 0.8%. S&P 500 drops 0.7% to 4,448.21. Nasdaq Composite down 0.9% at 14,650.41.\nChina tech stocks slump as China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.\nDow member Home Depot fell more than 4% after reporting second-quarter results, knocking futures. While quarterly earnings topped estimates, same-store sales rose 4.5% in the period, below the 5% consensus estimate of analysts polled by StreetAccount. U.S. same store sales increased by just 3.4%.\n\nWalmart shares gained 0.27% after second-quarter earnings topped estimates. 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