Indices closed in the red zone on Thursday. Brands traded lower amid a variety of economic news. The European Central Bank cut its benchmark interest rate to 0.05 percent from 0.15 percent.
Indices closed out mixed in Wednesday’s session. The Dow tacked on marginal gains while the S&P 500 landed just below the flat line and the Nasdaq shed some points. Stocks moved amid favorable factory orders data and respectable monthly auto sales figures. Orders for manufactured goods jumped 10.5 percent in July, which was well beyond a 1.5 percent uptick in June. Meanwhile, sales of Ford and Chrysler vehicles ramped up in August.
Indices ended mixed on Tuesday. The Dow and S&P 500 landed to the red side, while the Nasdaq closed with gains. Home Depot led decliners following word that the home improvement company may have faced a customer credit and debit data breach. Energy brands such as Chevron, Exxon and Schlumberger retreated as well, while Apple closed at an all-time record level.
How your credit score is calculated is changing–likely in your favor if you’ve had medical debt repaid in collections. Learn how in this week’s Financial Tip.