U.S. stock futures edged lower on Tuesday, hit by losses in Home Depot and Cater...
- U.S. stock futures edged lower on Tuesday, hit by losses in Home Depot and Caterpillar shares, while investors awaited Federal Reserve Chair Jerome Powell’s testimony on monetary policy.
Caterpillar Inc shares took a hit, falling 3.8 percent, after brokerage UBS double downgraded the company’s shares to “sell”. At 7:12 a.m. ET, Dow e-minis were down 93 points, or 0.36 percent. S&P 500 e-minis were down 5.25 points, or 0.19 percent and Nasdaq 100 e-minis were down 20.25 points, or 0.28 percent.
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Home Depot forecasts poor 2019 earnings as U.S. housing momentum slowsHome Depot Inc projected 2019 earnings below Wall Street forecasts on Tuesday, a...
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Home Depot and Lowe’s earnings: Same-store sales could be ‘messy’ due to government shutdown, weatherThe home improvement retailers Home Depot Inc. and Lowe’s Cos. are scheduled to report fourth-quarter earnings on Tuesday and Wednesday, respectively, and while analysts expect difficult comparisons, 2019 is shaping up to be a good year for remodeling.
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Home Depot's stock falls nearly 3% premarket after weaker-than-expected results
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