Commsec

Investors responded to weak economic data and 'disappointing' earnings from Tesla (shares down 9.8%), American Express (-1.0%) and AT&T (10.4%). Tesla noted weaker margins after the electric car maker slashed prices. But shares of DR Horton rose 5.6% after the homebuilder forecast full-year revenue above estimates. The Dow Jones index fell by 110 points or 0.3%. The S&P 500 index fell by 0.6%. And the Nasdaq index fell by 98 points or 0.8%. This content is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (the Bank) and a Market Participant of ASX Limited and Cboe Australia Pty Limited.  All information contained herein is provided on a factual or general advice basis and is not intended to be construed as an offer, solicitation or investment recommendation in anyway.  It has been prepared without taking into account