US Markets in Consolidation Mode – Record Chase Temporarily Halted - Home Depot Sticks to its Annual Forecast - D-Wave Quantum Hits a new Annual High - European Markets Tread Friendly – DAX Climbs to Record High at 24,000 Points!

After an impressive streak of gains, the US stock markets took a necessary breather on Tuesday: the S&P 500 fell by 0.3% and the technology-oriented NASDAQ declined by 0.53%. This caused the indices to give back some of their recent gains, which had occurred despite the downgrading of the US credit rating by Moody’s. Investors are increasingly focusing on retail earnings, which are considered an important indicator of the state of the US economy. Particularly in focus was Home Depot (+0.57%): The world's largest home improvement retailer...