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.
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in
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.
Home Depot stock edges higher as Q2 misses estimates but pro strategy, acquisitions, and rate cut hopes support outlook.
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.
Shares of Home Depot (HD) are rising on the strength of customers investing in smaller home improvement projects
Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.