5 things to know before the stock market opens Tuesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Dow futures dropped Tuesday after two Dow stocks, Home Depot and Walmart, reported earnings. The Dow closed at a record high Monday.

's gain Monday put the index about 1% away from closing at a record. The government is set to release October retail sales at 8:30 a.m. ET.People wear protective face masks outside Home Depot in the Flatiron district as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City.

Shares of Home Depot fell about 1% in the premarket despite the company Tuesday reporting third-quarter earnings and revenue that beat estimates as consumers continued to focus on home improvement during the pandemic. Sales surged 24%. Brian Nagel, senior analyst at Oppenheimer, on CNBCCustomers shop at a Walmart store on May 19, 2020 in Chicago, Illinois.third-quarter earnings and revenue, with U.S. e-commerce sales soaring by 79%. Total revenue grew by 5%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Blindly buy stocks. This market will never fall now. Dow easy 40000 by December, 80000 by March 2021, and 140000 by December 2021. 300000 by Dec 2022. Zimbabwe Venezuela Argentina

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines