Dow, S&P 500 snap 5-day win streak | July retail sales disappoint | Homebuilder sentiment dips

The major U.S. stock indexes slumped on Tuesday, as the Dow Jones Industrial Average and the S&P 500 snapped five-day winning streaks.

VIEW IN BROWSER | SUBSCRIBE TUE, AUG 17, 2021 EVENING BRIEF AS OF TUE, AUG 17, 2021 • 05:06 ET DJIA 35343.28 -0.79% -282.12 S&P 500 4448.08 -0.71% -31.63 NASDAQ 14656.18 -0.93% -137.58   Most Active DOW NAME LAST CHG %CHG AAPL 150.19 -0.93 -0.62% INTC 52.69 -0.78 -1.46% MSFT 293.08 -1.52 -0.52% S&P 500 NAME LAST CHG %CHG AAPL 150.19 -0.93 -0.62% F 12.99 -0.47 -3.49% AMD 107.56 +0.08 +0.07% NASDAQ NAME LAST CHG %CHG AAPL 150.19 -0.93 -0.62% AMD 107.56 +0.08 +0.07% MRNA 401.86 +28.00 +7.49%   EDITOR'S NOTE The major U.S. stock indexes slumped on Tuesday, as the Dow Jones Industrial Average and the S&P 500 snapped five-day winning streaks.   The 30-stock Dow dropped 282.12 points to close at 35,343.28, while the broad market index slid 0.7% to end at 4,448.08. The Nasdaq Composite declined 0.9% to close at 14,656.18.   Home Depot was the notable decliner in the Dow, sliding 4.2%. Though the hardware retailer beat quarterly earnings estimates when it reported results this morning, its total same-store sales grew only 4.5%. Analysts polled by StreetAccount expected growth of more than 5%.   It isn't just the DIY and home improvement set that's backing off on spending. July retail sales data, released Tuesday morning, showed overall signs of a more reluctant shopper. Retail sales for July fell 1.1%, slumping below the Dow Jones estimate of a 0.3% decline and dropping below the upwardly revised 0.7% gain in June. Most of the decline came from motor vehicles and parts dealers, but consumers also backed off from purchases at clothing stores and shopping online. Shoppers seem content to spend on dining out, though: eating and drinking establishments had a 38.4% increase in sales compared to the prior year. Investors closely watch these numbers because consumers account for nearly 70% of the nation's economic activity. "Although retail sales fell in July, the outlook for consumer spending remains positive," said Gus Faucher, chief economist at PNC. "However, spending growth will shift from goods to services over the next couple of years, limiting growth in most categories of retail sales." Darla Mercado | CNBC Markets and Investing Editor @Darla_Mercado TOP NEWS  Dow snaps 5-day winning streak, falls more than 280 points Taliban pledged safe passage of civilians to Kabul airport, White House says Homebuilder sentiment falls to lowest level in over a year as buyers face sticker shock Retail sales drop worse-than-expected 1.1% in July as rising Covid fears hit consumers Cathie Wood says Michael Burry doesn't understand innovation space after he bets against ARK fund Palantir bought $50 million in gold bars in August as cash pile grows Democratic Sen. Menendez rips Biden administration for 'flawed' Afghanistan withdrawal, vows hearings WHO says some data may suggest increased risk of hospitalization from delta Flights resume from Kabul airport as people scramble to leave Afghanistan Walmart earnings beat estimates as retailer sees robust grocery sales, e-commerce growth   TOP VIDEO 'Stagflation is the key story here,' Bleakley's Boockvar says   CNBC PRO Investors starting to question whether there really is no alternative to the U.S., BofA finds   SPECIAL REPORTS Stock trading could mean a hefty tax bill next year. What you need to know The 10 most expensive cars that sold at Monterey Car Week   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS