Home Depot beats estimates

May 19, 2015

Same-store sales at Home Depot were up 7.1 percent in the latest quarter. The home improvement chain raised its outlook for the full year as the nation’s housing recovery gains momentum.

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.