Home Depot (HD) Tops Q3 EPS by 1c, Revenues Miss, Comp. Sales Up 3.6%; Updates Fiscal FY19 Guidance
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Lowe's (LOW) Trades Lower in Sympathy with Home Depot (HD) Following Results and Guidance, Lowe's Down 2.25%, Home Depot Down 7.5%
November 19, 2019 6:08 AM ESTLowe's (NYSE: LOW) Trades Lower in Sympathy with Home Depot (NYSE: HD) Following Results and Guidance, Lowe's Down 2.25%, Home Depot Down 7.5%
... MoreWall Street ekes out gains as investors await U.S.-China trade clarity
November 18, 2019 8:06 AM ESTBy Sinéad Carew
NEW YORK (Reuters) - Wall Street's three main indexes on Monday barely extended the previous session's closing records as investors waited for concrete progress on U.S.-China trade relations after mixed headlines.
The market appeared to welcome Washington's extension for U.S. companies to do business with Huawei after the Chinese telecommunications equipment maker was put on a U.S. blacklist in May.
But investors were concerned about a CNBC report that the mood in Beijing over the potential for a trade deal was pessimistic due to President Donald Trump's reluctance to roll back... More
Wall Street Weekahead: Sagging consumer discretionary shares look for a spark
November 15, 2019 1:24 PM ESTBy Chuck Mikolajczak
NEW YORK (Reuters) - The strength of the U.S. consumer has been often cited as a pillar of the economy and one of the reasons the S&P 500 has recently scaled new heights, but consumer discretionary stocks have skipped the party for several months.
The S&P consumer discretionary sector hit a record high on July 15. But while the S&P 500 has continued to climb to new highs, discretionary stocks have gone in the opposite direction, falling nearly 4%. [.N]
Graphic: Consumer discretionary lags broader market, https://fingfx.thomsonreuters.com/gfx/mkt/12/8768/8682/Pasted%20Image.jpg
... More