Things to Know Before the Stock Market Opens Tuesday – NBC Dallas-Fort Worth
Two Dow stocks move in the opposite directions. Walmart falls on the mixed result, hit by spiking prices. Home Depot rises after solid results that weathered inflation
Musk says Twitter deal “cannot move forward” until he gets clarity on botting. Buffett’s Berkshire buys “a slew of new stocks in first quarter”.
Stock futures jump as two Dow stocks move in opposite directions
U.S. stocks rose sharply after Walmart reported better-than-expected earnings. Walmarts shares fell nearly 5% after the company said it expects sales growth to slow as shoppers shift spending online.
Home Depot stocks were up by 3.5 percent in the premarket, after strong earnings report. United Airlines’ shares rose 4 percent in Tuesday’s premarket. The Dow Jones Industrial Average was down 0.1 percent, while the S&P 500 shed 0.3 percent. The tech-heavy Nasdaq Composite Index dropped 1.2 percent.
Retail sales increased by 8.2% in April compared to last year. This number was revised sharply higher. Investors hope this number will show if consumers are feeling the pressure of rising prices.
