S&P 500, Nasdaq Tumble as Home Depot Drags Down Retail Earnings - Market Bloodbath Continues

Wall Street's retail reckoning hits hard—Home Depot's disappointing numbers spark broader selloff as investors flee traditional retail exposure.

Earnings carnage spreads

The home improvement giant's weak performance triggers domino effect across retail sector, wiping out gains from earlier sessions. Analysts scramble to downgrade projections while institutional money shifts positions.

Nasdaq feels the heat

Tech-heavy index catches collateral damage as retail woes amplify broader market anxieties. Trading volumes spike 40% above average—panic selling meets opportunistic bottom-fishing in classic Wall Street fashion.

Traditional finance showing its age—again

Meanwhile, crypto markets hold relatively steady, further highlighting the growing decoupling between legacy systems and digital asset resilience. Another reminder that yesterday's blue chips might just be tomorrow's nostalgia plays.