S&P, Nasdaq back off highs as oil surges

Another day, another high for one of the market’s major indices. But can stocks keep up the pace as earnings season comes to an end? Catch The Final Round with Jen Rogers and markets correspondent Nicole Sinclair.

Winners and losers

Stocks getting hit today include Smucker as revenue missed estimates as pet food sales fell, fast casual chain Zoe’s Kitchen getting fried after narrowing its full-year revenue outlook, and of course Mylan – the drugmaker under fire after sharply increasing the price of its EpiPen device.

Stocks in the green today include Stemline Therapeutics after the FDA granted Breakthrough status for its acute myeloid leukemia treatment, software maker Tableau as it appointed former Amazon exec Adam Selipsky as its new CEO, and Monsanto – shares of the seed and chemical-maker growing after Bloomberg reported Bayer and Monsanto were working on an improved takeover bid.

Clinton Foundation and the election

Hillary Clinton’s presidential campaign has been dogged by accusations that wealthy Clinton Foundation donors sought favors from the State Department when Clinton was at its head. But what exactly is the Clinton Foundation and how does it work? Earlier Yahoo Finance’s Justine Underhill spoke with columnist Rick Newman.

Biotech to boost orphan drug treatment?

Each orphan disease, or rare disease, only affects a few thousand people at a time. But when taken together, over 300 million people are affected by these rare maladies – and treatments don’t exist for most of them. So what will it take John Crowley CEO of Amicus Therapeutics joins us to discuss.

Looking ahead

• At 10 AM Eastern we’ll get existing home sales for July. Economists are expecting a seasonally adjusted rate of 5.52 million homes sold, a slight downtick from the prior month.

• Later in the day we’ll get a big jolt to the oil market with EIA’s crude inventory report. Last week we actually saw a drawdown of 2.5 million barrels.

• And tomorrow night – Heavy Metal fans – think you have that guitar solo nailed down? Masters in the art of air guitar will be leaving their basements for the grand stage, shredding at the Air Guitar World Championships in Oulu, Finland. The Grand Final will feature the winners of national competitions from across the globe. Here you can see 2015 Champion Kereel “Your Daddy” Blumenkrants of Russia tearing up last year’s championship.