Read Time:37 Second
Shares of Home Depot Inc. HD took a 4.0% dive, to pace the Dow Jones Industrial Average’s DJIA premarket decliners, after the home improvement retailer missed fiscal first-quarter sales expectations and cut its full-year sales and profit guidance. The stock’s implied price decline ahead of the open would shave about 77 points off the Dow’s price, while Dow futures YM00 fell 81 points, or 0.2%. Meanwhile, futures ES00 for the S&P 500 SPX eased 0.1% and futures NQ00 for the Nasdaq 100 NDX edged up less than 0.1%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
