SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today
A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.
Stocks · News reference
Lennar (LEN) stock slides after Q2 revenue miss and lowered 2026 delivery guidance. Get the full details on the housing market slump.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.
Brent climbed after new U.S.-Iran strikes, pushing the 10-year yield to a 19-month high; Edison and PG&E collapsed on a wildfire bill.
U.S. new-home sales plunged 10.5% in July as mortgage rates neared 7%. Here’s what weakening housing demand means for XHB, ITB and other ETFs.
Long-end Treasury yields snapped back toward 20-month highs; Walmart posted its worst session in four years.
Analysts initiated coverage: Hold on Lennar, Buys on Belite Bio, PulteGroup.
StoneX analyst Michael Rindos initiates coverage on Lennar (NYSE:LEN) with a Hold rating.