In today's video:
1) U.S. equities snapped a four-day winning streak and closed firmly in the red after news that Donald Trump is likely to move ahead with $200 million in additional tariffs on Chinese Imports. The Dow Jones Industrial Average dropped 137.65 points, the S&P 500 fell 12.91 points while the Nasdaq 100 closed lower by 21.32 points and the Russell 2000 finish lower by 2.40 points.
2) Gold Futures dropped $5.60 after a rally in the U.S. dollar while Crude Oil Futures gained a little over 1% and closed above the $70.00 Mark. The Bond market trading slightly higher and the yield on the 10-year treasury note finished the day at 2.859.
3) It's late in the earnings season but three big names released second-quarter earnings after-market close and are making big moves in the after-hours trading session. Lululemon Athletica Inc (LULU), Ulta Beauty Inc (ULTA), and Ambarella Inc. (AMBA) all beat analyst expectations but not all are trading higher.