Wherever the housing market goes, so too does Home Depot. The home improvement retailer's earnings, have historically grown or struggled alongside home sales.
Stocks tumbled Wednesday afternoon after a weaker-than-expected housing report exacerbated recession fears, causing a big selloff after the previous session's rally.
Oil prices gained more than $2 Wednesday after a government report showed that while supplies of gasoline fell much more than expected, crude stockpiles continue to grow amid sluggish demand.
Don't let Tuesday's rally fool you. While the Dow roared back more than 236 points and the S&P 500 gained 4%, Monday's 12-year lows showed that this bear market may still grow bigger and meaner.
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Wherever the housing market goes, so too does Home Depot. The home improvement retailer's earnings, have historically grown or struggled alongside home sales.
Stocks tumbled Wednesday afternoon after a weaker-than-expected housing report exacerbated recession fears, causing a big selloff after the previous session's rally.
Oil prices gained more than $2 Wednesday after a government report showed that while supplies of gasoline fell much more than expected, crude stockpiles continue to grow amid sluggish demand.
U.S. Treasury prices eased Wednesday as a major influx of supply vied with continued demand from investors looking for a safe alternative to stocks.
Don't let Tuesday's rally fool you. While the Dow roared back more than 236 points and the S&P 500 gained 4%, Monday's 12-year lows showed that this bear market may still grow bigger and meaner.
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