Gold Gains Over 1%; Ross Stores Shares Dip After Pulling Fiscal 2026 Outlook
1. U.S. stocks declined, with Nasdaq dropping over 1%. 2. Commodity gold prices rose by 1.7% to $3,349.80. 3. Utilities fell only 0.2%, while IT stocks dipped by 1.3%. 4. New housing sales increased 10.9% month-over-month. 5. Ross Stores issued lower EPS guidance, impacting retail stocks.