Stock market barometer in reverse: US stocks continue to decline

In the recent trading session, the major U.S. stock indices suffered losses once again. The Dow Jones, S&P 500, and Nasdaq marked their third consecutive day of losses as investors evaluated a range of economic indicators. CarMax, the largest used car dealer, experienced a significant setback, falling short of expectations with disappointing quarterly results. CEO Bill Nash described the quarter as "challenging," which was reflected in declining sales figures. Oracle also faced declines after Rothschild Redburn analysts rated the company as a "sell." Their assessment is based on the assumption that market expectations for the cloud software company's revenue growth are too optimistic. A more positive picture emerged for Intel, whose shares rose significantly. Reports indicate that Apple, the iPhone manufacturer, is considering an investment in the chip giant, which also led to a slight increase in Apple's stock price. IBM also recorded gains after financial partner HSBC highlighted the improved predictive capability in bond trading through quantum computing. However, U.S.-listed shares of HSBC fell. The positive trend continued for Lithium Americas, fueled by speculation that the Trump administration might purchase shares in the lithium producer. In addition to developments in the stock markets, prices for oil and gold fell. The yield on ten-year U.S. Treasury bonds rose, while the U.S. dollar gained ground against the euro, pound, and yen. Most major cryptocurrencies recorded losses.