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Lowe's and Home Depot are outperforming on interest rate cut enthusiasm
Analysts and investors are increasing their interest in the home improvement sector after the Federal Reserve lowered benchmark interest rates for the first time in four years. Lowe's Companies (NYSE:LOW) tracked higher in early trading on Tuesday after Oppenheimer upgraded the home improvement retailer to an Outperform rating after having it set
Fed lower rates by 0.50 percentage points, its first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Will the Fed cut interest rates again this year? Experts weigh in.
MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall another half of a percentage point from their current lev
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which is likely to spur home improvement spending.
Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden said Thursday the Federal Reserve's decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump's economic policies as a failure in the past and sure to “fail again” if revived.
Fed Rate Cut Seen as Politically Driven, Likely to Escalate Inflation
Arthur Hayes, co-founder of BitMEX, has voiced concerns that the recent U.S. Federal Reserve rate cut could have been politically motivated to influence upcoming elections, potentially leading to increased market volatility and inflation.
US Federal Reserve slashes interest rates by half a point, first cut in four years
Central bank’s aggressive move follows a gradual reduction in US inflation and comes less than two months before election day
8h
Home Depot (NYSE:HD) Faces Economic Challenges but Sees Growth Potential in Digital and Market Expansion
Home Depot(NYSE:HD) is navigating a dynamic environment marked by both opportunities and challenges. Recent highlights ...
bovnews
31m
Home Depot Inc (HD) Stock: More Resilient Than It Appears
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.06% of ...
3h
Home Depot places huge Valley warehouse on sublease market
Home Depot signed a 10-year lease for the entire space at the end of 2021, just west of the Phoenix Goodyear Airport at 16155 ...
Pleasanton Weekly
10h
Home Depot to pay nearly $2M in settlement with DAs for alleged false advertising, unfair competition
Home Depot has entered a stipulated judgment of nearly $2 million to settle a civil complaint that alleged the company took ...
4h
Huge Home Depot sale from $7 — here's 15 deals I'd get on smart home tech, appliances and more
Smart home: deals from $7 @ Home Depot Kit out your smart home with deals from $7 at Home Depot. The sale includes smart ...
20h
Home Depot Inc. stock underperforms Monday when compared to competitors despite daily gains
Home Depot Inc. closed $4.91 short of its 52-week high ($396.87), which the company achieved on March 21st.
10d
on MSN
Home Depot to pay $2 million settlement for overcharging customers
Home Depot will pay nearly $2 million to settle a civil enforcement claim from California district attorneys that the home ...
7d
Home Depot to pay nearly $2 million to settle complaint alleging widespread overcharging in California
Home Depot has entered a stipulated judgment of nearly $2 million to settle a civil complaint that alleged the company took ...
2d
Affordable Home Services You Can Get Through Home Depot
Home Depot is one of the premier home improvement retail chains. From flooring and windows to appliances and garden supplies, ...
3d
Home Depot: Company history, timeline & facts
Arthur Blank and Bernie Marcus’ customer-first approach helped fuel the DIY craze and build Home Depot into a $380 billion ...
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