On Tuesday, July 23rd, U.S. stock markets closed in the red, losing modest gains as investors shifted their focus to earnings from Alphabet (NASDAQ:GOOG) and Tesla (NASDAQ:TSLA). Both companies reported positive Q2 revenue, with Tesla’s increase driven by higher vehicle deliveries and Alphabet’s by increasing ad sales and cloud demand. According to economic data, the U.S. Fifth District’s composite manufacturing index fell to -17 in July, down from -10 in June. Additionally, existing home sales decreased by 5.4% to an annualized rate of 3.89 million units in June. Eight major S&P sectors closed in the red, with the energy index being the worst performer as U.S. crude prices reached a six-week ...