Home Depot, Stock Movers
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Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.
Shares of Home Depot (HD) are rising on the strength of customers investing in smaller home improvement projects
U.S. stocks end down, with the Dow off a record high made early with help from Home Depot. Investors look to earnings, Fed conference for direction.
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in
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.
1don MSN
Home Depot to report Q2 earnings as Wall Street eyes third straight quarter of US sales growth
Home Depot is set to report second quarter earnings before the market open on Tuesday as investors eye a return to consistent same-store sales growth in the US and signs that the
Home Depot (HD) is set to release its latest quarterly earnings on Tuesday, with results expected to carry wide implications across the exchange traded fund landscape.
Home Depot could show strength from its growing professional segment when it reports Q2 financial results Tuesday.
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