- July 27, 2021
- Posted by: Stratford Team
- Category: Business
Advisors Asset Management CIO and president Cliff Corso gives his take on the current construction and infrastructure market.
U.S. stock indexes slid off record highs Tuesday as investors sorted through a barrage of earnings reports and data as the Federal Reserve kicked off a two-day policy meeting.
Ticker Security Last Change Change %I:DJI DOW JONES AVERAGES 34940.2 -204.11 -0.58%SP500 S&P 500 4379.98 -42.32 -0.96%I:COMP NASDAQ COMPOSITE INDEX 14537.983611 -302.73 -2.04%
The Dow Jones Industrial Average fell 189 points, or 0.54%, while the S&P 500 and Nasdaq Composite were lower by 0.45% and 0.27%, respectively. The choppy trade comes a day after all three of the major averages closed at all-time highs.
Tuesday’s selling comes after the Census Bureau said durable goods orders rose 0.8% in June, missing the 2.1% increase that was expected. Elsewhere, home prices rose 16.6% annually, the most on record, according to the national Case-Shiller…
