[CNBC Television] Dow, S&P on pace to end five-day winning streak

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Greg Branch from Veritas Financial Group and Katie Stockton from Fairlead Strategies join Closing Bell to discuss today’s market sell-off and how the delta variant could affect the market moving forward. For access to live and exclusive video from CNBC subscribe to CNBC PRO: 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 points, or 0.8%, to 35,. The S&P 500 shed 0.7% to 4,, and the Nasdaq Composite lost 0.9% to 14,. 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. “When we’re looking at the expectations for consumer strength going forward, some of the edge is being taken off by the rise in the delta variant,” BMO Wealth Management’s Yung-Yu Ma said. “These challenges aren’t going to go away quickly.” Home Depot fell 4.2% 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. Disappointing economic data from China on Monday intensified concerns about a slowdown in global growth. Chip stocks tumbled for a second day on Tuesday with the iShares Semiconductor ETF down 1.9% and Nvidia nearly 2.5% lower. Shares of Tesla and Boeing, both also heavily reliant on China as a growth market, declined. Meanwhile, technology names trended lower. Big Tech shares, including Google-parent Alphabet, Amazon, Apple and Facebook, closed in the red. Elsewhere, health care shares saw strength with the S&P 500 Health Care Sector hitting a record at one point. UnitedHealth, Merck and Johnson & Johnson all moved higher. On Monday, the S&P 500 reached a milestone as the benchmark index doubled from its pandemic closing low on March 23, 2020. That marks the fastest bull-market doubling since World War II, according to calculations from CNBC. » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV