The sell-off in Home Depot shares took the Dow down more than 70 points
Home Depot Inc. HD stock,
Plunged 3.5% in premarket trading on Tuesday, on the back of the home improvement retailer’s disappointing quarterly earnings report and forecast. That was enough to make the stock the biggest loser of the 28 of 30 components of the Dow Jones Industrial Average that fell before the open. The stock’s implied decline would deduct about 73 points from the Dow price, while Dow futures YM00,
plummeted 262 points, or 0.8%. Home Depot stock was on track to open toward its lowest close since Nov. 14, 2022.
https://www.marketwatch.com/story/home-depot-stock-selloff-cutting-more-than-70-points-off-the-dows-price-a8772aa6?siteid=yhoof2&yptr=yahoo The sell-off in Home Depot shares took the Dow down more than 70 points