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Shares Fall During Afternoon Trading Hours

Major stock indices, including the S&P 500 Index ($SPX), Dow Jones Industrials Index ($DOWI), and Nasdaq 100 Index ($IUXX), are experiencing a dip today. The S&P 500 and Dow Jones are down by 0.27% and 0.48% respectively, while the Nasdaq 100 is slipping by 0.25%. Initially, the indices...

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Stocks Tumble During Midday Trading Hours
Stocks Tumble During Midday Trading Hours

Shares Fall During Afternoon Trading Hours

Market Roundup: 29th July 2025

Job openings in the US declined more than expected in June, falling to 7.437 million, while the consumer confidence index for July rose more than expected, reaching 97.2.

In the world of stocks, UnitedHealth Group (UNH) saw a drop of more than 4% due to weaker than expected Q2 adjusted EPS and a lowered full-year adjusted EPS forecast. On the other hand, CBRE Group (CBRE) experienced an increase of over 8% due to stronger than expected Q2 revenue.

CBRE Group's positive performance was matched by Cadence Design Systems (CDNS), which also saw an 8% rise due to better than expected Q2 revenue and a raised full-year revenue forecast. Meanwhile, Royal Caribbean Cruises Ltd (RCL) fell more than 5% due to a weaker than expected Q3 adjusted EPS forecast.

In other news, Commerce Secretary Lutnick stated that a 90-day extension of a trade truce with China is a likely outcome with negotiations underway in Stockholm.

Elsewhere in the market, Carrier Global (CARR) dropped more than 10% due to forecasted full-year free cash flow, while Corning (GLW) saw a rise of over 11% due to better than expected Q2 core EPS and forecasted Q3 core EPS. Brown & Brown experienced a fall of over 8% due to weaker than expected Q2 organic revenue.

A number of tech companies, including Micron Technology (MU), Texas Instruments (TXN), On Semiconductor Corp (ON), Broadcom (AVGO), Nvidia (NVDA), Lam Research (LRCX), and NXP Semiconductors NV (NXPI), saw an increase of over 1%.

The US May S&P CoreLogic composite-20 home price index rose by 2.79% y/y, which is weaker than expectations of 2.91% and the smallest pace of increase in 1.75 years.

Baker Hughes acquired Chart Industries for $9.6 billion, or about $210 a share. Weighing on the Dow Jones Industrials, Merck & Co (MRK) dropped by 4% due to extending its shipment pause of the Gardasil vaccine to China through at least the end of the year.

Whirlpool (WHR) saw a fall of over 11% due to lower than expected Q2 net sales and a cut to the full-year EPS forecast. The S&P 500 Index, Dow Jones Industrials Index, and Nasdaq 100 Index were down by 0.27%, 0.48%, and 0.25%, respectively, during the afternoon trading session.

Marvell Technology (MRVL) saw an increase of over 2%, while Sarepta Therapeutics (SRPT) rose by more than 26%. United Parcel Service (UPS) fell more than 9% due to pulling guidance for the year. Amkor Technology (AMKR) saw an increase of over 21%.

Stanley Black & Decker (SWK) dropped more than 5% due to weaker than expected Q2 net sales. The following companies are scheduled to release earnings reports on July 29, 2025: American Tower Corp (AMT), Arch Capital Group Ltd (ACGL), Boeing Co/The (BA), Booking Holdings Inc (BKNG), BXP Inc (BXP), Caesars Entertainment Inc (CZR), Carrier Global Corp (CARR), CBRE Group Inc (CBRE), Corning Inc (GLW), DTE Energy Co (DTE), Ecolab Inc (ECL), Electronic Arts Inc (EA), Essex Property Trust Inc (ESS), Expand Energy Corp (EXE), Hubbell Inc (HUBB), Incyte Corp (INCY), Johnson Controls International (JCI), Merck & Co Inc (MRK), Mondelez International Inc (MDLZ), Norfolk Southern Corp (NSC), PayPal Holdings Inc (PYPL), PPG Industries Inc (PPG), Procter & Gamble Co/The (PG), Regency Centers Corp (REG), Republic Services Inc (RSG), Royal Caribbean Cruises Ltd (RCL), Seagate Technology Holdings PL (STX), Stanley Black & Decker Inc (SWK), Starbucks Corp (SBUX), Sysco Corp (SYY), Teradyne Inc (TER), United Parcel Service Inc (UPS), UnitedHealth Group Inc (UNH), Visa Inc (V).

Advanced Micro Devices (AMD) saw an increase of over 4%, and Chart Industries (GTLS), which was acquired by Baker Hughes, rose by over 16%.

If you're looking for a low-risk way to convert cash into guaranteed income, consider high-yield savings accounts, CDs, money market funds, and U.S. Treasury securities. These financial products provide predictable and safe income streams without exposure to stock market volatility, with interest rates often in the range of about 4% to 4.6% APY based on recent market conditions.

[1] Investopedia. (2023). High-Yield Savings Accounts. [online] Available at: https://www.investopedia.com/terms/h/highyieldsavingsaccount.asp [3] Bankrate. (2023). Best High-Yield Online Savings Accounts. [online] Available at: https://www.bankrate.com/banking/savings/best-high-yield-online-savings-accounts/

  1. The performance of CBRE Group in the stock market, with an increase of over 8%, demonstrates a positive trend in the business sector, particularly in finance.
  2. For those seeking a low-risk investment, high-yield savings accounts, CDs, money market funds, and U.S. Treasury securities, which offer guaranteed income streams without exposure to the volatility of the stock market, might be considered, as they often provide interest rates in the range of about 4% to 4.6% APY.

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