Market Pulse - Usa
Home Depot posts quarterly profit and revenue beats despite slowdown in same-store sales
US retailer Home Depot posted quarterly profit and revenue beats on Tuesday but also stated that fewer customers had visited its brick and mortar locations during the period than they had a year earlier amid a decline in lockdown-fuelled DIY activity.
US July retail sales miss forecasts by wide margin
Americans closed their purse strings unexpectedly last month, especially when it came to purchases of cars and trucks.
Fed's Powell says Covid-19 will be with us 'for a while'
The head of the Federal Reserve said that Covid-19 was likely to be with us "for a while".
US open: Stocks head south following weaker-than-expected retail sales data
Wall Street stocks were sharply lower early on Tuesday as market participants digested a weaker-than-expected print for July's key retail sales report.
US industrial production bounds pasts forecasts in July
US industrial production accelerated sharply last month, led by gains in manufacturing of motor vehicles, business equipment and defence and space equipment.
Covid-19 concerns clouding the outlook for stocks, BoA survey says
A majority of global investors continue to expect the rally in European equities to continue in 2022, the results of a closely-followed survey revealed.
Wal Mart posts better-than-expected Q2 numbers, touts eCommerce growth
US retail giant Wal Mart delivered better-than-expected quarterly revenues and profits while guiding higher on full-year comparable store sales.
US pre-open: Futures in the red ahead of July's retail sales data
Wall Street futures were in the red ahead of the bell on Tuesday as market participants awaited July's key retail sales report scheduled for later in the day.