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Sellers Dictate Action As Leaders Show More Cracks; MTH, META, LI In Focus

Sellers Dictate Action As Leaders Show More Cracks; MTH, META, LI In Focus

Rising bond yields are a serious headwind.

Stock Market Today With IBD

August 17, 202314m 36s

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Show Notes

The Nasdaq composite gave back early gains and closed near its session low for the third straight session. But the index avoided its fourth distribution day in eight sessions as volume fell from Wednesday. More leaders like Meritage Homes and Meta Platforms lost their 50-day lines, but Li Auto is still holding above the support level.

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