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S&P 500 Dips as Home Depot Earnings Disappoint; Medtronic Rises on Strong Demand
S&P 500 Dips as Home Depot Earnings Disappoint; Medtronic Rises on Strong Demand
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BTCCSquare news:
The S&P 500 extended losses for a second consecutive session, weighed down by a slump in Home Depot shares following disappointing earnings. The home improvement retailer trimmed its full-year forecast amid softening demand, with shares tumbling 6%—the worst performer in the index. Meanwhile, Medtronic surged after surpassing quarterly estimates, buoyed by resilient medical device demand.
Broad market declines persisted ahead of key jobs data and earnings reports later this week. The Dow slid 1.1%, while the Nasdaq dropped 1.2% as risk sentiment waned. No direct cryptocurrency linkages emerged in today's equity movements, though macro uncertainty often spills into digital asset volatility.
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