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Stock Market Today

Tuesday, June 18 2019

Daily Updates

Stock Market Today: June 18, 2019

Harvey S. Katz, CFA | 06/18/2019

A likely eventful week for Wall Street began yesterday morning with modest, but sustainable early gains for the stock market. On point, after a mixed opening, stocks righted themselves before the first half hour concluded and the market stayed in the plus column as the morning continued, with particular strength observed in the NASDAQ. The Dow Jones Industrial Average, meanwhile, stayed in the positive column by some 50-70 points as the central bank was getting ready to hold the latest FOMC meeting.

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Stocks Highlights

Dow 30 Earnings: The Home Depot Fiscal First Quarter 2019

Ian Gendler | 05/21/2019

Shares of The Home Depot (HD) were little changed after the world's largest home-improvement retailer released decent fiscal first-quarter (ended May 5th) financial results. Sales in the three-month period increased 5.7% from a year earlier, to $26.381 billion, nearly matching our $26.400 billion target. That said, comparable-store sales growth of 2.5% was below consensus analyst estimates of 4.2%. Inclement weather and an extra week in the previous year weighed on the retailer's same-store sales.

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Stocks Highlights

Dow 30 Earnings: Walmart Inc. Fiscal First Quarter 2019

Kevin Downing | 05/16/2019

Walmart (WMT) shares trade higher on the release of the retail giant’s fiscal first-quarter financial results.

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