Daily Report 18.08.2021
Објавено: 18. 08. 2021

Dow snaps 5-day winning streak, falls more than 280 points; Europe stocks close slightly higher as traders monitor data; BHP up 3% 
U.S. stock indexes fell Tuesday as July retail sales declined and concerns about slowing global economic growth intensified. 
The Dow Jones Industrial Average fell 282.12 points, or 0.8%, to 35,343.28. The S&P 500 shed 0.7% to 4,448.08 and the Nasdaq Composite lost 0.9% to 14,656.18. 
The Dow and the S&P 500 each snapped 5-day winning streaks. Tuesday’s losses came after the two indexes closed at record highs in the prior session. 
Retail sales declined 1.1% in July, a steeper drop than the 0.3% dip expected by economists surveyed by Dow Jones and a reversal from June’s 0.7% increase. 
Home Depot fell more than 4% after reporting second-quarter results, weighing on the Dow. 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%. 
Walmart shares were flat after second-quarter earnings topped estimates. The retailer gained ground in groceries and reported a strong start to the back-to-school season. 


European markets closed slightly higher Tuesday, eking out minor gains after snapping a 10-day winning streak in the previous session. 
Looking at individual stocks, BHP Group climbed 3.4% after announcing plans to leave London’s blue-chip FTSE 100 index and make Australia its primary stock market. The Anglo-Australian mining firm had been under pressure from investors including activist shareholder Elliott Advisors to simplify its listing structure. 
Source: CNBC, Investing.com