Home Depot Earnings Missed Estimates. Stock Is Up.
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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,
Shares of Home Depot (HD) are rising on the strength of customers investing in smaller home improvement projects
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.
Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in