- U.S. stocks traded lower on Tuesday, with the Nasdaq Composite falling 1.25% to 26,310.99 and the S&P 500 dropping 0.55% to 7,702.64.
- Home Depot Inc reported better-than-expected second-quarter earnings of $4.92 per share and sales of $47.861 billion, surpassing analyst consensus estimates.
- Key economic data showed U.S. housing starts fell 12.4% in July to an annualized rate of 1.239 million units, while building permits gained 5% to an annual rate of 1.443 million.
