Dow Jones today finished in the red along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 2000. Overall, the stock market faded from an early rally. Some commodities that influence inflation were positive. These include crude oil, gasoline, natural gas, and gold. The crypto product, bitcoin price was up almost 2% and was in the $21K level. Next, Scott Connor weighs in on Apple (AAPL) stock dragging down markets. According to a report, Apple (AAPL) plans to slow hiring in 2023. There was relative strength in Tesla (TSLA), Dow Inc. (DOW), Amazon (AMZN), Exxon Mobil (XOM), and Conocophillips (COP). On the other hand, stocks like Alphabet (GOOG), Verizon (VZ), Duke Energy (DUK), Pfizer (PFE), and Amgen (AMGN) saw weakness. Also, Goldman Sachs (GS) earnings report indicated $7.73 in EPS and $11.86B in revenue, beating the estimates. Finally, Connor discusses economic data like the NAHB Housing Market Index for July 2022.