📈 Stock Market Today: Delta Variant, Chinese Economy and Retail Earnings: Markets worry and open lower
Here's what is happening in the markets today, Monday, August 16th
Here's what is happening in the markets today, Monday, August 16th:
- Futures markets point to a lower open
- Reason: Chinese economic growth slowing more than expected.
- 87% of S&P 500 companies have reported positive earnings - a record!
- 87% of S&P 500 companies have reported positive earnings - a record!
- Retail companies reporting earnings this week: Home Depot (HD), Walmart (WMT), Target (TGT), Lowe’s (LOW), Kohl’s (KSS) and Macy’s (M).
- Sonos (SONO)surged 10.6% judge ruled that Alphabet’s (GOOGL) Google infringed on patents
- Bitcoin and Ethereum: ​​total market value of ALL cryptocurrencies rose above $2T over the weekend
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