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%.
Will the Federal Reserve cut interest rates again this year?
The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers. It remains to be seen, however,
Here are 5 takeaways from the Federal Reserve's jumbo rate cut
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
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,
The Fed cut rates in hopes of a soft landing. What’s next?
The Federal Reserve is putting inflation in the rearview mirror as it crosses into unfamiliar and potentially treacherous economic territory.
Stocks surge a day after Federal Reserve's first rate cut since 2020
Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a slowdown in U.
Fed's next rate cut will be smaller, traders bet
Traders on Thursday added to bets the U.S. Federal Reserve's next rate cut will be smaller than the one it delivered on Wednesday, after economic data showed an unexpected drop in unemployment insurance claims.
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.
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 ...
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 ...
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.
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 ...
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 ...
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 ...
Rob Lowe's Son John Owen Says His L.A. Home Makes Him 'Feel Giddy' — and Reveals Mom Sheryl Was His Designer
John Owen Lowe, the son of actor Rob Lowe, loves his Los Angeles home thanks to his mother Sheryl Berkoff's interior design ...
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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 ...
Nick Lowe’s "Indoor Safari": A masterclass in simple elegance and timeless tunes
With "Indoor Safari," Lowe has returned to the music scene with a vengeance, releasing his first full-length album in more ...