Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which is likely to spur home improvement spending.
Shares of Home Depot, Lowe's Rise Following Rate Cut
In Thursday trading, Home Depot's stock was up 1.6% to $390.20, while Lowe's stock rose 1.7% to $261.11. Since the beginning of the year, shares of Home Depot are up 13%, while Lowe's shares have gained 17%.
Federal officials to cut interest rates by half-percent. What it means for Kentuckians
The Federal Reserve moving ahead with its first rate cut in four years on Wednesday, lowering its key interest rate by a hefty half percentage point. With the slowing labor market posing a growing risk to economic expansion,
Something big is happening in the housing market: What Fed rate cuts will actually do
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates,
After Fed rate cut, the next 6 months will be crucial for investors. Here’s why.
The Federal Reserve hit the ground running on Wednesday with a big rate cut to kick off its easing cycle, signaling its seriousness about wanting to fend off any further deterioration in the labor market.
The Fed Just Cut Interest Rates. It May Signal a Big Move in the Stock Market.
The Federal Reserve lowered its benchmark interest rate by half a percentage point, an aggressive start to a new cutting cycle amid cooling inflation and a softening labor market. Historically, the S&P 500 has returned a median of 10% during the 12-month period following the first rate cut in a cycle,
Dow, S&P 500 End At Records As Market Digests Fed Rate Cut
Wall Street stocks soared to fresh records Thursday as markets cheered the Federal Reserve's move to aggressively cut interest rates to protect the labor market.
How The Fed’s Interest-Rate Cuts Could Impact The Labor Market
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed focus on supporting the job market.
Federal Reserve cuts interest rates by half a point
CBS News Business Analyst Jill Schlesinger joins on what the cut of interest rates means to our wallets and the future of inflation. For more analysis go to (09-19-2024)
The Federal Reserve's Jumbo Rate Cut Comes With a Big Risk
The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal Open Market Committee (FOMC) elected to lower the target range of the benchmark federal funds rate by a half-point,
Nailing It, But Barely: Lowe's Solid History Meets Uncertain Future
Lowe's valuation is high, trading at a P/E of 20.9x, suggesting either future growth optimism or overvaluation; wait for a ...
Caterpillar Joins Ford, Lowe’s in Diversity Rethink as Backlash Grows
Caterpillar Inc. is introducing new guidelines on external sponsorships and donations as part of a review of some of its DEI ...
Police: Shots fired at alleged shoplifter in parking lot of Morganton Lowe’s
Shots were fired at an alleged shoplifter Tuesday afternoon in the parking lot of a local Lowe's in Morganton, authorities ...
The Reason Why Lowe's Doesn't Sell Milwaukee Tools
Milwaukee power tools are found in hardware stores across the country, but you're unlikely to find any on the shelves at Lowe ...
Lowe's Cos. stock outperforms competitors despite losses on the day
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
Lowe’s: Hold Rating Amid Mixed Market Prospects and Macroeconomic Uncertainties
Analyst Max Rakhlenko from TD Cowen maintained a Hold rating on Lowe’s (LOW – Research Report) and increased the price target to ...
Shop the best deals at Lowe's this fall on drills, grills and more
Enjoy massive discounts at Lowe's on tools, mowers, appliances and other home improvement essentials this fall.
Lowe’s and DeWalt are Getting In on The Insanely Good Free Battery Deals
DeWalt's free battery deals are here to give Milwaukee and Ryobi a run for their money. Now's the time to update your yellow ...
Twisted Sifter on MSN4d
Lowe’s Shopper Warned People About Getting The Store’s Credit Card. – ‘They changed their interest rate on the card, but failed to notify me.’
Shawn told viewers, “I just canceled my Lowes reward credit card over $2.03. As those of y’all who have been following me for ...
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Lowe's Coupons
Get the best deals on your favorite Lowe's items with our exciting offers and easy-to-use codes. Coupons are chosen independently by our editors. Purchases made through our links may earn us a ...