In today's update:
1) U.S. Equity markets end a three-day win streak and close lower as recession fears linger. The Dow Jones Industrial Average dropped 173.35 or 0.66%, the S&P 500 fell 23.14 or 0.79% while the NASDAQ 100 closed lower by 54.25 or 0.68% and the Russell 2000 finished lower by 10.84 or 0.72%.
2) Crude Oil Futures were little changed on Tuesday while Gold Futures advanced $6.10 or 0.40% as the U.S. dollar weakened. The Bond market rebounded and the yield on the 10-Year Treasury Note settled at 1.551%.
3) The flow of quarterly earnings reports continued today as both Urban Outfitters Inc. (URBN) and Toll Brothers Inc. (TOL) reported after-market close. URBN delivered a mixed report and is trading lower by $0.53 or 2.53% while TOL missed analyst expectations and is down $0.40 or 1.08% in the after-hours trading session.