HD Sep 2024 190.000 put
| Previous Close | 0.3900 |
| Open | 0.3900 |
| Bid | 0.0000 |
| Ask | 1.2900 |
| Strike | 190.00 |
| Expire Date | 2024-09-20 |
| Day's Range | 0.3900 - 0.3900 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 14 |
- Yahoo Finance Video
New tariffs on China, meme rally, Walmart layoffs: Morning Brief
In today's edition of The Morning Brief, Hosts Seana Smith and Brad Smith break down current market trends and what you need to know for the trading day ahead. Stocks (^DJI, ^IXIC, ^GSPC) opened relatively flat on Tuesday morning following hotter-than-expected Producer Price Index (PPI) inflation data for April. Jefferies Senior US Economist Thomas Simons joins the show to break down the PPI print and what it signals for the Federal Reserve, believing there is a chance interest rate cuts may not happen this year at all. Meanwhile, President Biden is set to unveil a new wave of tariffs on Chinese imports, including electric vehicles, semiconductors, and precious minerals. Yahoo Finance's Jennifer Schonberger analyzes the sectors most likely to be impacted. Meme stocks like GameStop (GME) continue to soar in a second-day rally following the online return of user "Roaring Kitty" on X (formerly Twitter), who was largely responsible for the 2021 GameStop short squeeze. However, the retail sector is under pressure, as Walmart (WMT) is reportedly preparing to lay off hundreds of corporate workers and Home Depot (HD) posted first-quarter earnings that fell below Wall Street estimates, signaling a pullback on consumer spending. Shares of Alibaba (BABA) also sunk after the company posted an 86% loss in profit year-over-year. Tesla (TSLA) is backpedaling its recent decision to lay off most of its Supercharger team, as Bloomberg reports the electric vehicle giant is preparing to rehire some of them. Alphabet (GOOG, GOOGL) is expected to unveil new artificial intelligence initiatives in its Google I/O developer conference today. This post was written by Melanie Riehl
Yahoo FinanceHome Depot earnings show signs of a consumer pullback
US shoppers under pressure are expected to spend less at Home Depot, but the home improvement retailer may make up some of the loss with professional consumers.
- Yahoo Finance Video
Home Depot's Q1 earnings signal consumer pullback
Shares of Home Depot (HD) are on the move Tuesday after the company posted its first-quarter earnings report, revealing revenue of $36.42 billion against an expected $36.66 billion, marking a 2.3% drop year-over-year. In addition, the report noted lower foot traffic and smaller ticket sizes. Yahoo Finance Senior Reporter Brooke DiPalma joins Wealth! to break down the home improvement retailer's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written and updated by Nicholas Jacobino
