US stocks fall: Dow, S&P 500, Nasdaq drop on jobless claims dip; investors watch fed, Starbucks job cuts, Carmax earnings
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US stocks fall: Dow, S&P 500, Nasdaq drop on jobless claims dip; investors watch fed, Starbucks job cuts, Carmax earnings
US stocks fell as jobless claims dropped and investors worried about interest rates. The economy grew faster in Q2, but some companies like Starbucks and CarMax reported challenges. Intel gained after talks with Apple. Market experts warn stocks are high but investors stay optimistic. Data on spending and home sales will guide future Fed decisions.
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