207.46 0.00 (0.00%)
Pre-Market: 8:15AM EDT
|Bid||207.10 x 1100|
|Ask||208.00 x 800|
|Day's Range||206.80 - 209.30|
|52 Week Range||160.14 - 215.43|
|PE Ratio (TTM)||24.46|
|Earnings Date||Nov 13, 2018|
|Forward Dividend & Yield||4.12 (1.94%)|
|1y Target Est||215.47|
U.S. stocks ended lower Monday, and the Dow Jones Industrial Average halted a four-session winning run, as tensions over the U.S. and China's trade fight sapped appetite for assets considered risky. The Dow fell about 180 points (on a preliminary basis) to 26,562, booking its first close without also logging an all-time high since Thursday. Shares of Apple Inc. and Walt Disney Co. helped to lift the blue-chip gauge but those gains were more than offset by declines in Home Depot Inc. and Boeing Co. , which delivered the biggest drag on the gauge. The S&P 500 index , meanwhile, gave up 0.4% at 2,919, while the Nasdaq Composite Index eked out a slight gain, up less than 0.1% at 7,993, supported by the advance in Apple and shares of Microsoft Corp. . On Monday, Chinese officials called off planned negotiations on trade with the U.S. and fired back against the administration of President Donald Trump, accusing it of "trade bullyism." A set of reciprocal tariffs on U.S. and Chinese imports were set to be imposed on Monday, underlining escalating tensions between the global economic superpowers. The energy sector was a bright spot on the day as crude-oil prices surged after major energy producers over the weekend declined to commit to increasing crude output to address expected supply disruptions at a closely watched producer meeting. Global benchmark oil, Brent oil , finished at a nearly four-year high on Monday, while the U.S. counterpart, West Texas Intermediate crude , closed at the highest level in about two months, bolstering the energy sector . In corporate news, a number of deals were in focus, including a deal by Sirius XM Holdings Inc. to purchase streaming-music company Pandora Media Inc. in a acquisition valued at $3.5 billion. Separately, Randgold Resources Ltd. and Barrick Gold Corp. said they planned on merging in an all-share deal that will create an $18.3 billion gold-mining giant.
As the Dow Jones pulls back from all-time highs, Boeing, Home Depot, Nike lead 7 Dow stocks in buy zones.
Forbes has released its annual list of the most valuable franchises in the National Football League. Here's a look at the top 15.
The Dow Jones industrials hold a weekly gain of 2.2% through afternoon trading. Home Depot, Pfizer and Microsoft show leadership. Tilray plunged.
The U.S. administration will begin to levy new tariffs of 10 percent on about $200 billion of Chinese products on Sept. 24, with the tariffs to go up to 25 percent by the end of 2018. The following are comments made by U.S. companies after the Trump administration said on July 10 https://reut.rs/2m6Yu0r that it would slap tariffs on $200 billion of Chinese imports. ** Walmart Inc (WMT.N) warned that it may raise prices of products if the Trump administration imposes a tariff on Chinese imports.
As wages grow and inflation remains tame, this could give the retail sector the boost investors have been waiting for. Names like Target (NYSE:TGT), TJX Companies (NYSE:TJX), Home Depot (NYSE:HD) and others have helped to push the SPDR Retail ETF (NYSEARCA:XRT) higher. As for the ETF, it’s move above $51 resistance was important, as this level has become a key level of support going into the all-important second half.
"Blockchain is to Bitcoin as the internet is to the dot com bubble," said Rascoff. "I think it's natural that this group...their first taste of capitalism was the collapse...but that wasn't capitalism, that was a system that went amuck," Langone replied to a question about millennials veering towards socialsim instead of capitalism.
Trump's economic agenda is fueling a resurgence in the economy that cannot be denied, the co-founder of Home Depot says. President Donald Trump 's economic agenda is fueling a resurgence in the economy that cannot be denied, billionaire businessman and philanthropist Ken Langone told CNBC on Thursday. "This economy is booming," said Langone, a longtime supporter of GOP candidates who was not always a fan of Trump.
To receive further updates on this Home Depot, Inc. (NYSE:HD) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of SlingShot Trader today. The economics of business success always boil down to the simple concepts of supply and demand and, right now, HD is providing the supply of home-repair products and services while Hurricane Florence is providing the demand for those products and services.
Yahoo Finance convenes an all-star lineup with some of the best minds in business and beyond for this year's All Markets Summit: A World of Change.
Can Lowe’s Upward Momentum Continue? Of the 33 analysts that follow Lowe’s (LOW), 78.8% recommended a “buy” as of September 18, while 21.2% recommended a “hold.” On the same day, analysts set an average target price of $118.82, which represents a return potential of 2.8% from its stock price of $115.55. Since the announcement of Lowe’s second-quarter earnings on August 22, UBS, Raymond James, Stifel, SunTrust Robinson, Jefferies, Wedbush, and RBC have all raised their target prices. Wedbush raised its target price from $92 to $105.
Kelly & Co.'s Kevin Kelly discusses market volatility and his options strategy with Bloomberg's Abigail Doolittle on "Bloomberg Markets: The Close." (Source: Bloomberg)
For the next four quarters, analysts expect Lowe’s (LOW) to post an EPS of $5.42, which represents 7.3% growth from $5.0 in the same four quarters the previous year.
Can Lowe’s Upward Momentum Continue? For the next four quarters, analysts expect Lowe’s (LOW) to post revenues of $72.79—a rise of 3.2% from $70.51 billion in the same four quarters the previous year. Accounting for the closure of Orchard Supply Hardware stores and the inventory rationalization initiative, Lowe’s management lowered its 2018 revenue growth guidance to 4.5% from the earlier guidance of 5.0%.
In the days since then-Hurricane Florence slammed into the coast of southeastern North Carolina, there's been an outpouring of donations from some of the Triad and North Carolina's largest employers.
On September 18, Lowe’s (LOW) hit a new 52-week high of $115.72 due to the expectation of an increase in hurricane-related sales. Lowe’s closed the day at $115.55. As reported by CNBC on September 17, Jefferies analyst Jonathan Matuszewski wrote a note to his client.
The Home Depot, Inc. operates as a home improvement retailer. Home Depot is one of United States’s large-cap stocks that saw some insider selling over the past three months, withRead More...
Home improvement stocks like Home Depot (NYSE:HD) and Lowes (NYSE:LOW) are on the move. This year’s price action has taken on the form of a cup-and-handle pattern that just completed with last week’s breakout.
Friday, September 21: Yahoo Finance’s Dan Roberts serves up highlights from our All Markets Summit on Thursday, where a range of big names spoke about business in the Trump era.
Sep.19 -- Kelly & Co.'s Kevin Kelly discusses market volatility and his options strategy with Bloomberg's Abigail Doolittle on "Bloomberg Markets: The Close."