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Home Depot Earnings Beat As Mortgage Rates Climb To 9-Mont… · DeepSignal

Home Depot Earnings Beat As Mortgage Rates Climb To 9-Month High

Yahoo Finance

1d ago

·~1 min·5/19/2026·en·0

Quick Take

Home Depot's earnings exceeded expectations amid rising mortgage rates reaching a nine-month high.

Key Points

Earnings report shows strong performance.
Mortgage rates hit a nine-month peak.
Market reacts positively to the earnings news.

📖 Reader Mode

~1 min read

Investor's Business Daily

Home Depot (HD) reporter better-than-expected fiscal first-quarter earnings early Tuesday, with Lowe's (LOW) following on Wednesday. Home Depot stock and Lowe's stock fell slightly, near 52-week lows. The home-improvement retailers are struggling due to a sluggish housing market and subdued consumer spending. Mortgage rates climbed to a fresh nine-month high on Monday after recent data showed a surprise spike in…

— Originally published at investors.com

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Why Featured

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