
Stocks Extending Slump as Investor Sentiment Churns

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Stocks are extending their slump as Walmart's disappointing earnings weigh on the Dow Jones Industrial Average, which is down triple digits. The S&P 500 is facing a fifth consecutive loss, while the Nasdaq Composite is slightly lower. Investor sentiment is further dampened by high jobs data and rising volatility. In contrast, Futu Holdings is seeing significant options activity, and Nio Inc. is up 7.6% after a price-target hike. Canadian Solar is down 19.5% due to poor guidance and regulatory news affecting solar projects.

