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
Federal officials to cut interest rates by half-percent. What it means for Kentuckians
The Federal Reserve moving ahead with its first rate cut in four years on Wednesday, lowering its key interest rate by a hefty half percentage point. With the slowing labor market posing a growing risk to economic expansion,
How the Fed’s 50 Bps Rate Cut Impacts Muni Bonds
Great to see you here, Stephanie, after the Fed, because prior to the Fed meeting, there was a lot of talk, at least here at Bloomberg, about the number of bond buyers we were seeing that were really trying to snatch up these muni deals,
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.
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
Fed cut interest rates for first time in 4 years. See how much and what that means
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years.
Something big is happening in the housing market: What Fed rate cuts will actually do
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates,
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will mortgage rates fall from here on out? Not so much, economists say. The central bank announced a 50-basis-point cut to its benchmark rate,
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former President Donald Trump on Wednesday,
Lowe's Cos. stock underperforms Monday when compared to competitors despite daily gains
Lowe's Cos. closed $0.20 short of its 52-week high ($262.49), which the company reached on March 22nd.
Nailing It, But Barely: Lowe's Solid History Meets Uncertain Future
Lowe's valuation is high, trading at a P/E of 20.9x, suggesting either future growth optimism or overvaluation; wait for a ...
Idaho State Journal15h
Lowe's employees start remodel of bathrooms at Pocatello Senior Center
POCATELLO — Lowe's employees came together last week to remodel the bathrooms in the Pocatello Senior Center. Zachary Mason, ...
6 Lowe’s Items Retirees Need To Buy Ahead of Fall
In no time at all golden-agers will experience shorter days, cooler weather and leaves falling everywhere. Retirees need to ...
Caterpillar Joins Ford, Lowe’s in Diversity Rethink as Backlash Grows
Caterpillar Inc. is introducing new guidelines on external sponsorships and donations as part of a review of some of its DEI ...
Lowe's Cos. stock underperforms Friday when compared to competitors
Lowe's Cos. closed $2.35 short of its 52-week high ($262.49), which the company reached on March 22nd.
Idaho State Journal15h
Lowe's remodels bathrooms at Pocatello Senior Center
POCATELLO — Lowe's employees came together last week to remodel the bathrooms in the Pocatello Senior Center. Zachary Mason, ...
Shop the best deals at Lowe's this fall on drills, grills and more
Enjoy massive discounts at Lowe's on tools, mowers, appliances and other home improvement essentials this fall.
Northern Virginia Daily21h
Lowe's grant will make 4-H Center more accessible for campers
Late last week, about 80 volunteers from Lowe’s stores throughout the region started work on projects at the Northern ...
After Q2 Struggles, Lowe's Stock Price Appears Higher Than Justified
Is Lowe's a solid investment despite high stock price and negative news? A financial writer weighs in on potential risks and ...