Stock Market Volatility Continues: Mixed Results for Dow Jones and Pool Equipment Stocks
TL;DR Summary
The stock market experienced further losses, with major indexes declining and remaining below their moving averages. August durable goods numbers showed improvement but were not enough to reverse the selling trend. Pool equipment stock Hayward Holdings rallied over 8% after being added to the S&P SmallCap 600 index. Other stocks in action included Arch Resources, Tidewater, Stride, Costco Wholesale, Meta Platforms, Amazon.com, MillerKnoll, Mattel, XPO, Levi Strauss, and ChargePoint Holdings. Investors are awaiting inflation data and the August personal income and outlays report.
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