Home Depot Earnings Lift Investor Sentiment

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as Home Depot earnings lift investor sentiment. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a summary of today’s action on Wall Street provided by CNBC:

Dow seen rising in the triple-digits at the open, shrugging off fears surrounding Turkey crisis

U.S. stock index futures posted sharp gains ahead of Tuesday’s open, as investors tried to move on from the uncertainty surrounding Turkey’s economic crisis. Around 5:45 a.m. ET, Dow futures rose 85 points, indicating a positive open of 121.30 points, with the S&P 500 and Nasdaq futures also pointing to an upbeat start to the day.

The S&P 500 (SPY) rose +0.64% today. All 12 sectors closed in the green and enjoyed gains of less than 1% as shown below in the sector graph..

The Dow Jones index climbed +112 points (+0.45%) to close at 25,299. The Nasdaq added +51 points (+0.65%) to settle at 7,870.

Home Depot Earnings Lift Investor Sentiment

The Dow and the S&P 500 both ended 4 day losing streaks on Tuesday as some of the Turkish financial crisis worries lessen. The Turkish lira rallied from its low on Tuesday. Home Depot reported 2nd quarter earnings and easily beat revenue estimates while raising its full year outlook. The stock rallied in the morning but closed 0.54% lower.

Key Takeaway…

The following CNBC video clip is an earnings recap for retail giant Home Depot:

Home Depot rising after beating top and bottom line

Home Depot announces its quarterly earnings.

Notable S&P 500 Movers…

Below I’ve highlighted some notable S&P movers (both winners & losers).

Credit: Sector Graph provided by Sector SPDR app. Sector breakdown provided by Charles Schwab. Sector heat map provided by finviz. Information Credit: News Headlines and quotes were taken from CNBC in the writing of this post.

Download our new Handy ETF Guide

Subscribe to get our free weekly newsletter by email.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit

8/14/18

S&P 500 Sector Graph

Home Depot Earnings Lift Investor Sentiment

S&P 500 (SPY)

Home Depot Earnings Lift Investor Sentiment

Communication Services (XLC)

Home Depot Earnings Lift Investor Sentiment

Consumer Discretionary (XLY)

Home Depot Earnings Lift Investor Sentiment

Consumer Staples (XLP)

Home Depot Earnings Lift Investor Sentiment

Energy (XLE)

Home Depot Earnings Lift Investor Sentiment

Financials (XLF)

Home Depot Earnings Lift Investor Sentiment

Real Estate (XLRE)

Home Depot Earnings Lift Investor Sentiment

Healthcare (XLV)

Home Depot Earnings Lift Investor Sentiment

Industrials (XLI)

Home Depot Earnings Lift Investor Sentiment

Materials (XLB)

Home Depot Earnings Lift Investor Sentiment

Technology (XLK)

Home Depot Earnings Lift Investor Sentiment

Utilities (XLU)

Home Depot Earnings Lift Investor Sentiment

S&P 500 Sector Heat Map

Home Depot Earnings Lift Investor Sentiment

Leave a Reply

Your email address will not be published. Required fields are marked *