Home Sales Down and Prices Up As Markets React to Earnings and Economic News
- Baidu exceeded earnings estimates, leading to a rise in its stock.
- Lowe's surpassed earnings expectations and maintains full-year guidance.
- Bitcoin steadied at $26,000 after a recent selloff with crypto traders bracing for volatility.
- Declining inventory led home sales to fall in July while prices continued rising.
- Analysts remain bullish on Hasbro as its stock leads the S&P 500.