How a Fed rate cut could give Home Depot a boost
In this article:
Home Depot (HD) reported mixed second quarter earnings results, with revenue falling short of expectations, but earnings topping Street estimates. The home improvement retailer also lowered its full-year comparable store sales guidance.
Yahoo Finance housing reporter Dani Romero discusses the impact of high interest rates on consumer spending for home improvement projects.
For more expert insight and the latest market action, click here to watch this full episode of Wealth!
This post was written by Angel Smith