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Stocks Dip Even With Traders Hopeful For September Rate Cut; Bonds Extend Rally, Oil Plummets: What’s Driving Markets Tuesday?

Growth concerns dragged stocks lower on Tuesday, with all major indices trading in the red as investors took a cautious tone on riskier assets.

BBWI

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Ferguson Has Signed Definitive Purchase Agreements To Acquire Yorkwest Plumbing Supply Inc. And Grove Supply, Inc. And Harway Appliances; Acquisitions Have Aggregate Annualized Revenues Of ~$220M; Terms Of Transaction Not Disclosed

Continues to execute growth strategy through bolt-on geographic and capability acquisitionsFerguson plc (NYSE:FERG, LSE: FERG)))) has signed definitive purchase agreements to acquire Yorkwest Plumbing Supply Inc. and

FERG