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Major US indices has tilted to the downside with the NASDAQ index leading the way. That index is currently down -0.25% at 21,742. The NASDAQ index closed at a record level yesterday.
The S&P index is also lower by -0.15% at 6485.47. The Dow industrial average is trading above and below unchanged while the Russell 2000 is down -23.27 points or -0.97%.
Some notable movers to the downside include
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Lennar: -3.33%. Lennar’s decline reflects investor anxiety over EPS misses, margin pressure, and broader residential market headwinds due to high mortgage rates
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Dell Tech: -2.77%. Dell’s drop was triggered by the unexpected CFO resignation and lingering concerns around profitability and cost pressures.
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Worthington Industries: -2.74%
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Dollar Tree: -2.49%. Dollar Tree is under pressure despite strong Q2 results; tariffs and cautious Q3 outlooks are weighing on sentiment.
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United Airlines Holdings: -2.20%.
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Shopify Inc: -1.93%
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ARK Genomic Revolution: -1.76%
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RTX Corp: -1.69%
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Robinhood Markets: -1.69%
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Delta Air Lines: -1.59%
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CrowdStrike Holdings: -1.51%
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Home Depot: -1.42%
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Southwest Airlines: -1.42%
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Tapestry: -1.39%
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Broadcom: -1.38%. Shares moved sharply higher yesterday.
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Ford Motor: -1.32%
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Northrop Grumman: -1.32%
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Rivian Automotive: -1.25%
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SoFi Technologies: -1.21%
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Lockheed Martin: -1.10%
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Caterpillar: -1.19%
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Uber Tech: -1.18%
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Snowflake: -1.18%
This article was written by Greg Michalowski at investinglive.com.
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