The market fell into a correction as Treasury yields surged to a 15-year high and Chinese economic concerns mounted. The major indexes fell below their 50-day lines with more and more leading stocks breaking down. Cisco Systems (CSCO) and TJX Cos. (TJX) were earnings winners. But On Holding (ONON), StoneCo (STNE) and Cava (CAVA) were earnings losers. Walmart (WMT), Target (TGT) and Home Depot (HD) were other notable retail reports. Tesla (TSLA) tumbled amid a spate of new price cuts and discounts.
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