Home Depot, Stock Movers
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Home Depot stock rallied after a lukewarm earnings report, signaling that investors are more focused on future consumer resilience than present results.
This article will be updated throughout the day, so check back often for more daily updates. The Vanguard S&P 500 ETF (NYSEMKT: VOO) closed down 0.5% Tuesday, and is heading lower premarket on Wednesday,
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in
The Nasdaq and S&P 500 slid on Tuesday driven by tech stocks, as investors gear up for what Federal Reserve chair Jerome Powell will say about the path of interest rates at a key conference later in the week.
Home Depot stock edges higher as Q2 misses estimates but pro strategy, acquisitions, and rate cut hopes support outlook.
Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.
Home Depot Q2 earnings delivered a mixed picture but sent HD stock sharply higher. The retailer posted $45.28 billion in sales, up nearly 5% year-over-year, though profits missed analyst forecasts by a narrow margin.
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