Tech stocks (XLK) sell off for the second-straight day as Amazon (AMZN) and Tesla (TSLA) lead markets lower. We break down all the market action. And Walmart (WMT) is becoming more popular with Democratic shoppers according to a new poll. Find out if it’s about “everyday low prices” or something more. Plus, don’t chuck that junk mail. We’ll tell you which direct marketer is sending $100 checks to lucky “residents.” Catch The Final Round at 3:55 ET p.m. with Yahoo Finance’s Myles Udland and editor-in-chief Andy Serwer.
Winners and losers
Stocks in the red today featured a healthy dose of companies from the tech space, including Square (SQ), shares of which are down sharply on Wednesday on news that Reddit would not accept bitcoin (BTC-USD). Square had previously been bid up in anticipation of Reddit’s acceptance. And, another tech darling is taking a hit: Nvidia (NVDA). Investors are still thinking about the chipmaker’s decision to temporarily suspend its self-driving car program, which it announced yesterday. Also lower were shares of Red Hat (RHT) — the software name taking it on the chin on Wednesday after a post-earnings rally on Tuesday. With Wednesday’s losses, the stock has given up more than all of its gains from the earnings move.
Stocks in the green include Lululemon Athletica (LULU), shares of which soared today after the company reported earnings after the bell yesterday that beat expectations. Online sales were a bright spot for the company last quarter. Shares of RH (RH), formerly known as Restoration Hardware, shot up today. The company reported earnings late yesterday that were better than expected and also announced expansion plans. Finally, Equifax (EFX) is also having a good day, as shares of the credit reporting agency are up on the day after Mark Begor was named as new CEO. Equifax still trying to recover from fallout surrounding a massive data breach last year.