Name: Energy, financials pull stocks down ahead of Biden-Trump debate
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Energy, financials pull stocks down ahead of Biden-Trump debate

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Stocks fell Tuesday in a choppy session ahead of the between President Donald Trump and Democratic candidate Joe Biden. Financials and energy paced the overall drop as the S&amp;P 500 slipped&nbsp;0.48%, as did the Dow Jones Industrials.Ticker Security Last Change Change % DOW JONES AVERAGES 31072.98 -1,308.36 -4.04% S&amp;P 500 3929.01 -181.40 -4.41% ENERGY SELECT SECTOR SPDR ETF 82.08 +1.48 +1.84% FINANCIAL SELECT SECTOR SPDR ETF 34.64 +0.28 +0.81% While the Nasdaq Composite slipped 0.28% with Micron and Dell limiting the losses driven by big tech such as Apple and Amazon.Ticker Security Last Change Change % NASDAQ COMPOSITE INDEX 11623.19465 -643.22 -5.24% MICRON TECHNOLOGY INC. 57.94 +0.50 +0.87% DELL TECHNOLOGIES INC. 38.34 -1.97 -4.88% APPLE INC. 163.43 +6.06 +3.85% AMAZON.COM INC. 136.45 +3.18 +2.39% Investors appear eager for the presidential debate, being moderated by Fox News' Chris Wallace, which will give voters the first chance to see the two candidates face off while focusing on a number of&nbsp;topics, including the coronavirus pandemic, the economy and racial unrest in the country.Late Monday night, deaths associated with the COVID-19 pandemic 1 million globally, including 200,000 in the U.S. This as the U.S. Department of Health and Human Services released a distribution plan for Abbott Labs' test for the virus.Despite the drop in equities, two strong economic data reports came in.&nbsp;Consumer Confidence soared during September to a reading of 101.8 blowing past&nbsp;estimates of &nbsp;88.5.While home sales remained strong confirmed by the&nbsp;S&amp;P Case Shiller Home Price Index for July which jumped 3.9% beating the 0.3% estimate.&nbsp;Phoenix, Seattle and Charlotte reported the highest year-over-year gains among the 19 cities.&nbsp;​​​​​​Ticker Security Last Change Change % SPDR SERIES TRUST SPDR S&amp;P HOMEBUILDERS ETF 62.63 +0.57 +0.92% Ticker Security Last Change Change % ABBOTT LABORATORIES 109.29 +0.81 +0.75% Separately on Monday, Speaker of the House of Representatives Nancy Pelosi unveiled a &nbsp;to help the economy which has been negatively impacted by the pandemic. The relief package is intended to "avert catastrophe for schools, small businesses, restaurants, performance spaces, airline workers and others."The negotiations continued Tuesday as detailed in a tweet from a Pelosi spokesperson.Mnuchin is slated to hold discussions with Senate Majority Leader Mitch McConnel and Chief of Staff, Mark Meadows, FOX Business reported.&nbsp;A follow-up call responding to Pelosi is planned for tomorrow.In corporate news, Amazon unveiled its latest attempt to take on the mobile payments market, with .&nbsp;The technology, first rolling out in Amazon's home market of Seattle, will use palm recognition technology to turn people's hands into a credit card.Ticker Security Last Change Change % AMAZON.COM INC. 136.45 +3.18 +2.39% The news comes one day after the Jeff Bezos-led company officially its annual “Prime Day” shopping event, set to start to Oct. 13.Ticker Security Last Change Change % WALMART INC. 138.07 +1.23 +0.90% BEYOND MEAT INC. 21.05 -2.25 -9.64% Walmart and Beyond Meat agreed to a broader distribution deal with the nation's largest retailer on track "to triple availability of the Beyond Burger from approximately 800 locations to more than 2,400 stores nationwide beginning next week" Beyond Meat detailed in a statement.In other food news, Papa Johns reported strong September sales with a jump of 18.4% for North American shops.Ticker Security Last Change Change % PAPA JOHN'S INTERNATIONAL INC. 84.45 -0.05 -0.06% Japanese telecom company NTT announced a $40 billion merger for the remaining portion of NTT DoCoMo that it does not already own, according to .Ticker Security Last Change Change % JPMORGAN CHASE &amp; CO. 120.58 +1.41 +1.18% JPMorgan Inc. shares declined after the company agreed to pay $920 million in fines and admitted wrongdoing after the bank admitted it manipulated metals futures and Treasury trading over an eight-year period, Bloomberg .The yield on the 10-Year Treasury dipped to 0.644%, the fifth drop in the past seven trading days.In commodities, West Texas Intermediate Crude was little changed at $39.29 per barrel.European markets were lower in Tuesday trading, with the FTSE 100 and DAX closing lower by&nbsp;0.4%.Fox News' Bradford Betz contributed to this story.

Stocks fell Tuesday in a choppy session ahead of the between President Donald Trump and Democratic candidate Joe Biden. Financials and energy paced the overall drop as the S&amp;P 500 slipped&nbsp;0.48%, as did the Dow Jones Industrials.Ticker Security Last Change Change % DOW JONES AVERAGES 31072.98 -1,308.36 -4.04% S&amp;P 500 3929.01 -181.40 -4.41% ENERGY SELECT SECTOR SPDR ETF 82.08 +1.48 +1.84% FINANCIAL SELECT SECTOR SPDR ETF 34.64 +0.28 +0.81% While the Nasdaq Composite slipped 0.28% with Micron and Dell limiting the losses driven by big tech such as Apple and Amazon.Ticker Security...

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Fox Business (officially known as Fox Business Network) is an American pay television business news channel that is owned by the Fox News Media division of Fox Corporation. The network discusses business and financial news.

Energy, financials pull stocks down ahead of Biden-Trump debate

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