{"id":6296,"date":"2023-05-17T14:45:56","date_gmt":"2023-05-17T12:45:56","guid":{"rendered":"https:\/\/new-momentum.com\/?p=6296"},"modified":"2023-07-10T15:08:18","modified_gmt":"2023-07-10T13:08:18","slug":"wall-street-ends-lower-as-home-depot-outlook-and-us-retail-sales-disappoint","status":"publish","type":"post","link":"https:\/\/new-momentum.com\/fr\/wall-street-ends-lower-as-home-depot-outlook-and-us-retail-sales-disappoint\/","title":{"rendered":"Wall Street Ends Lower as Home Depot Outlook and US Retail Sales Disappoint"},"content":{"rendered":"

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Wall Street Ends Lower as Home Depot Outlook and US Retail Sales Disappoint <\/strong><\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=\u00a0\u00bb1″ admin_label=\u00a0\u00bbBlog Section\u00a0\u00bb _builder_version=\u00a0\u00bb4.18.0″ background_enable_color=\u00a0\u00bboff\u00a0\u00bb background_enable_image=\u00a0\u00bboff\u00a0\u00bb custom_padding=\u00a0\u00bb0px|0px|0px|||\u00a0\u00bb locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_row admin_label=\u00a0\u00bbCTA Button\u00a0\u00bb _builder_version=\u00a0\u00bb4.16″ custom_padding=\u00a0\u00bb|||\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb4_4″ _builder_version=\u00a0\u00bb4.16″ custom_padding=\u00a0\u00bb|||\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb custom_padding__hover=\u00a0\u00bb|||\u00a0\u00bb][et_pb_text _builder_version=\u00a0\u00bb4.21.0″ _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_font_size=\u00a0\u00bb15px\u00a0\u00bb text_line_height=\u00a0\u00bb1.8em\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]\ud83d\udcccU.S. stock indexes closed lower on Tuesday due to several factors impacting investor sentiment. The Dow Jones Industrial Average declined by 1.01% (336.46 points), the S&P 500 dropped by 0.64% (26.38 points), and the Nasdaq Composite dipped by 0.18% (22.16 points). Home Depot’s disappointing forecast and weaker-than-expected retail sales data for April contributed to the decline. Home Depot’s shares fell by 2.15% after the company lowered its annual sales forecast and predicted a larger-than-anticipated decline in profit. This news also affected Lowe’s Companies Inc, whose shares dropped by 1.16%.<\/p>\n

\ud83d\udcccAnalysts suggested that consumers may be shifting their spending away from home improvement projects and towards experiences and other activities, as indicated by Home Depot’s poor earnings. Additionally, uncertainty surrounding interest rates and ongoing debt limit negotiations further dampened market sentiment.<\/p>\n

\ud83d\udcccRecent economic data has suggested a slowdown in the U.S. economy following the Federal Reserve’s series of interest rate hikes to combat high inflation. Concerns about when the central bank will pause rate hikes or potentially cut interest rates have been heightened by ongoing negotiations over the U.S. debt ceiling. While the market expects a rate cut by the end of the year, recent statements from Fed officials indicate that they are not yet ready to implement such measures.<\/p>\n

Source: Investing
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Wall Street Ends Lower as Home Depot Outlook and US Retail Sales Disappoint \ud83d\udcccU.S. stock indexes closed lower on Tuesday due to several factors impacting investor sentiment. The Dow Jones Industrial Average declined by 1.01% (336.46 points), the S&P 500 dropped by 0.64% (26.38 points), and the Nasdaq Composite dipped by 0.18% (22.16 points). Home […]<\/p>\n","protected":false},"author":9,"featured_media":6301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[74],"tags":[],"class_list":["post-6296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nWall Street Ends Lower as Home Depot Outlook and US Retail Sales Disappoint - New Momentum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/new-momentum.com\/wall-street-ends-lower-as-home-depot-outlook-and-us-retail-sales-disappoint\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wall Street Ends Lower as Home Depot Outlook and US Retail Sales Disappoint - New Momentum\" \/>\n<meta property=\"og:description\" content=\"Wall Street Ends Lower as Home Depot Outlook and US Retail Sales Disappoint \ud83d\udcccU.S. stock indexes closed lower on Tuesday due to several factors impacting investor sentiment. 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