It was harder to find buyers on Wall Street today as stocks broadly fell, although the Dow Jones Industrial Average was an exception, turning in a modest 33-point gain. Elsewhere, though, the tone was tilted to the downside, with the NASDAQ easing five points and the broader S&P 500 pulling back a few points. The market’s tone was perhaps most evident in the poor advance-decline lines apparent on both the New York Stock Exchange and the NASDAQ, where losers topped winners by respective 4-to-3 and 3-to-2 margins.
Shares of The Home Depot (HD) were little changed after the world's largest home-improvement retailer announced fiscal fourth-quarter (ended January 29th) results, updated its outlook, and increased its shareholder return initiatives.
Wal-Mart (WMT) announces better-than-anticipated fiscal fourth-quarter sales and earnings, sending shares modestly higher.