Dow Dips Around 1%; US Small Business Optimism Falls In August
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks fell mid-trading on Tuesday, with the Dow Jones down 1%, while consumer discretionary shares rose by 0.6%. The NFIB Small Business Optimism Index also dropped to its lowest in three months at 91.2.
International Economic Indicators: European shares declined across major indices, while UK regular pay increased by 5.1% year-over-year and unemployment fell to 4.1%. In Asia, markets were mostly higher, with China's trade surplus widening significantly.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
