- U.S. stocks fell for the second consecutive session on Tuesday, with the S&P 500 dropping 0.32% to 7,728.20 amid a decline in tech stocks and ahead of the upcoming CPI report.
- Market sentiment weakened as the CNN Money Fear and Greed index declined to 60.7 while remaining in the Greed zone.
- Economic data showed July NFIB small business optimism rising to 99.8, while existing home sales declined by 1.7% to an annualized rate of 4.06 million units.
- U.S. stocks traded mostly lower during Tuesday's session, with the Nasdaq falling around 100 points alongside declines in the Dow and S&P 500.
- The U.S. NFIB small business optimism index rose to 99.8 in July, surpassing both June's figure and market estimates.
- Individual stock movements featured notable surges by companies like Quantum Corp and Planet Green Holdings following financial updates and operational announcements.
- U.S. stocks experienced mixed trading on Tuesday while the Dow Jones index gained approximately 150 points.
- Quantum Corp surged 44% to $16.96 after reporting first-quarter adjusted earnings of 18 cents per share and sales of $80.803 million, both exceeding market estimates.
- Several other companies including NIQ Global Intelligence, Rapid7, and Kopin recorded significant stock gains following strong quarterly financial results and upbeat guidance.