Stock Market Ends on a Downward Trend August 21

  • Indexes
    • S&P 500: 5,326 −0.4% (5th straight decline)
    • Dow: 39,515 −153 pts (−0.3%)
    • Nasdaq: 16,734 −0.7%
  • Sector Leaders & Laggards
    • Laggards: Consumer Staples, Tech
    • Leaders: Healthcare, Insurance (defensive tilt)
  • Top Movers (>5%)
    • WMT 64.50 −3.05 (−4.52%) – earnings miss, tariff warning
    • COTY 7.90 −2.18 (−21.63%) – weak outlook
    • CRBL 54.80 −4.22 (−7.15%) – rebrand backlash
    • XPEV 22.75 +2.38 (+11.66%) – strong Q2, upbeat guidance
    • HPE 21.40 +0.76 (+3.68%) – upgrade; note <5% but notable
  • Notable Upgrades/Downgrades
    • HPE upgraded by Morgan Stanley (+3.7%)
  • After-Hours Earnings
    • INTU: down on cautious guidance
    • WDAY: slipped on outlook
    • ROST, ZM: both up on solid results
  • Macro & Fed
    • Jobless claims rose; Philly Fed index turned negative
    • Yields higher on sticky inflation risk → lowers odds of Sept rate cut
    • Market eyes Powell’s Jackson Hole speech tomorrow for clarity