S&P down -0.21%. Nasdaq down -0.11%.
The US major indices are ending the day down but if it is not tumbling, it kinda feels like an up day. ; )
The big news was Amazon is ready to official take over Whole Foods on Monday, and will immediately cut prices on some goods (in reality it will get prices of some goods down to normal prices). Other grocery stocks and big box retailers like Costco (-5%), Walmart (-2%), and Krogers fell (-8%) sharply. Amazon stock fell by -0.58%.
Back to the major indices:
- The S&P is ending down -5.07 points or -0.21% to 2438.97
- The Nasdaq is ending down -7.07 points or -0.11% to 6271.32
- The Dow is ending down -28.69 or -0.13% to 21783.40