The Home Depot bests Wall Street consensus despite US consumer weakness

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The Home Depot bests Wall Street consensus despite US consumer weakness
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On Monday, the Dow Jones index had trouble waking up for the week The Home Depot (HD) returned to form on Tuesday after the prior quarter’s weak sales figure arrived below Wall Street’s consensus.

The Home Depot advances lightly following Q2 beat. While retail spending is lagging, management projects rise in annual sales. Markets gain after PPI inflation comes in below consensus. HD stock features plenty of nearby support that could help propel it upward. On Monday, the Dow Jones index had trouble waking up for the week The Home Depot returned to form on Tuesday after the prior quarter’s weak sales figure arrivedbelow Wall Street’s consensus.

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