Home Depot Inc

Home Depot expects sales to weaken as consumers grow more cautious
Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand. The home improvement retailer said it now expects full-year comparable sales to decline by 3% to 4% compared to the prior fiscal year. […]
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Stock futures are little changed as investors await key inflation data: Live updates
Traders work on the New York Stock Exchange (NYSE) floor on August 08, 2024 in New York City. Spencer Platt | Getty Images U.S. stock futures rose early Tuesday as investors await this week’s key inflation data. Dow Jones Industrial Average futures climbed 81 points, or 0.21%. S&P 500 futures and Nasdaq 100 futures climbed […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Whirlwind week Stocks nearly recovered to break even last week after a rout on Monday. The Dow Jones Industrial Average ended the week down 0.6%, while the S&P 500 and Nasdaq Composite lost 0.04% and 0.18%, respectively. A weak […]
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Trading the Fed decision: These stocks could get the biggest boost from lower rates
Certain stocks should be winners as the Federal Reserve seeks to lower short-term rates, if history is any guide. The Federal Reserve on Wednesday kept rates unchanged, as expected , and noted progress it was making on inflation. Traders are betting the central bank is preparing markets for a rate cut at its next meeting […]
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