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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Wall Street Fundamentals Releases New In-Depth Stock Reports on BBY, HD, TJX and URBN

ACCESSWIRE

Strong earnings from retailers helped break a streak of four consecutive days of losses for U.S. markets. The S&P 500 Index and the Nasdaq posted gains of 0.38 percent and 0.68 percent, while the Dow Jones Industrial Average was down 0.05 percent Tuesday. Upbeat earnings from Best Buy, Home Depot and Urban Outfitters came as welcome sign to investors as lowered sales forecasts from Kohl's, Macy's, Saks and Wal-Mart have escalated concerns that consumer spending may be on the declined.

Best Buy Co., Inc. (NYSE:BBY - News) shares traded in the range of $33.01 to $34.82 Tuesday before settling to close at $34.80, an increase of 13.24 percent. The stock appears to have some support at the $33.01, $32.09 and $31.13 levels. The company reported earnings, after adjustments, were $0.32 per share for the second quarter of 2013, an increase of 23 percent year-over-year.

More information on Best Buy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BBY

The Home Depot, Inc. (NYSE:HD - News) shares traded in the range of $73.65 to $77.50 Tuesday before settling to close at $74.29, a decrease of 1.22 percent. The stock appears to be facing some resistance at the $75.02 and $75.89 levels with some support at $74.14. The company reported earnings for the second quarter increased 17 percent year-over-year.

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More information on Home Depot and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HD

The TJX Companies, Inc. (NYSE:TJX - News) shares traded in the range of $52.62 to $54.41 Tuesday before settling to close at $54.24, an increase of 6.88 percent. The stock appears to be facing some resistance at the $54.29 and $55.01 levels with some support at $52.60. The company reported revenues were $6.44 billion for the fiscal second quarter, an increase of 8 percent year-over-year.

More information on TJX and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TJX

Urban Outfitters, Inc. (NASDAQ:URBN - News) shares traded in the range of $42.94 to $44.15 Tuesday before settling to close at $43.19, an increase of 8.19 percent. The stock appears to be facing some resistance at the $43.20 and $43.90 levels with some support at $42.82. The company reported sales were $758.5 million for the second quarter of 2013, an increase of 12 percent year-over-year.

More information on Urban Outfitters and access to the free equity report can be found at:
www.WallStreetFundamentals.com/URBN

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com