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Dow Drops More Than 700 Points & Is Heading For Its Worst Decline Of The Year

Plus, DISH Network said it has signed a multi-year agreement with AT&T worth $5 billion for wireless services, Zoom is buying cloud contact center software provider Five9 for $14.7 billion, and Bill Ackman’s Pershing Square Tontine Holdings SPAC has dropped its deal for 10% of Universal Music Group.

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Ford Announced Three Vehicle Recalls Totaling More Than 800,000

Plus, Canada said it will allow cruise ships to operate in its waters beginning on November 1, Moderna is joining the S&P 500 next week, and Lordstown Motors confirmed it is being investigated by the Justice Department.

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Workout & Athleisure Stocks Are On The Move – Traders Say These 2 Stocks In The Sector Are The Best Bets Now

These are the 2 stocks to watch in the athleisure and workout sector now. The back to school season could give 1 of these stocks a boost, while the other’s technical picture looks ripe for short-term gains.

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Jobless Claims Hit Pandemic Era Low Of 360,000 Last Week

Plus, Morgan Stanley delivered an earnings beat, Taiwan Semiconductor said it expects sales to rise more than 20% in 2021, and Netflix is pushing into video games with its latest executive hire.

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Recent Weakness In Stocks Like These 4 Has Created A Buying Opportunity – Here’s What To Watch Now

Big bank earnings may have dominated headlines this week, but traders say recent weakness in regional bank stocks has created a great buying opportunity. Here are 4 stocks in the sector to keep an eye on now.

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S&P 500 Rises To New Intraday High As Powell Says Fed Is “Still A Ways Off” From Altering Policy

Plus, Apple asked suppliers to increase iPhone production by 20%, Citigroup delivered an earnings beat, and a short seller accused Oatly of misleading investors and consumers.

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Inflation Surged 5.4% In June Marking Fastest Pace In Nearly 13 Years

Plus, bank earnings kicked off this morning with JPMorgan and Goldman Sachs delivering beats, Boeing cut its delivery target for its 787 Dreamliner for this year, and Mastercard and Verizon announced a new partnership.

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Virgin Galactic Shares Drop After Company Files To Sell $500 Million In Stock Following Branson’s Weekend Spaceflight

Plus, Pfizer said it is meeting with U.S. health officials today to discuss its COVID-19 vaccine booster shot, Walmart’s Flipkart just completed a $3.6 billion funding round, and grill maker Weber has filed to go public.

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Big Tech Stocks Slide As President Biden Prepares To Sign Executive Order To Crackdown On Anticompetitive Practices

Plus, Wells Fargo said it is shutting down all personal lines of credit to focus more on its credit card and personal loans business, Pfizer plans to apply for emergency use authorization for a booster shot of its COVID-19 vaccine in August, and Stamps.com has agreed to be taken private by Thoma Bravo.

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Traders Say These 2 Travel Stocks Are The Best Buys In The Sector Now

Travel stocks have taken a beating this week as the COVID-19 delta variant spreads rapidly around the world, forcing a recurrence of lockdowns and international travel restrictions. Even still, traders say there are 2 stocks in the sector that still look like buys.

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As Fears Of A Market Sell-Off Intensify, Jim Cramer Says These 4 Stocks Are A Buy

Stocks took a tumble this week on concerns that the economic comeback could be slowing, but Jim Cramer says now is the time to look for opportunities and these 4 stocks fit the bill. Here’s why.

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Bitcoin Drops To $32k As Investors Sell Risk Assets Amid Broader Market Sell-Off

Plus, jobless claims were higher than expected last week, three dozen state attorneys general filed a new antitrust suit against Google, and Beyond Meat has debuted its new faux-chicken tenders.

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Dollar General Just Hired Its First Chief Medical Officer & Is Aiming To Become A Health Care Destination For Customers

Plus, Visa said more than $1 billion worth of cryptocurrency was spent through its crypto-linked cards in the first half of the year, DiDi’s app has been removed from WeChat and Alipay in another blow to the company, and Planet Labs is going public via a SPAC merger.

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DiDi Shares Drop Below IPO Price On China Crackdown

Plus, oil rose to its highest level in six years after talks between OPEC+ were postponed indefinitely, AMC said it won’t seek shareholders’ approval to issue another 25 million shares, and Amazon’s Bezos officially stepped down as CEO.

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Virgin Galactic Shares Jump After Announcing Branson’s First Spaceflight

Plus, the U.S. added 850,000 jobs in June, Tesla reported more than 201,000 deliveries in the second quarter, and DiDi shares are down after China announced a cybersecurity review of the company just days after its IPO.

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