While you were sleeping: Wal-Mart drops, Home Depot rises

Tue, 18 Aug 2015

By Margreet Dietz Aug. 19 (BusinessDesk) - Wall Street moved lower as a fresh slide in Chinese stocks and disappointing earnings from Wal-Mart outweighed better-than-expected US housing data and Home Depot’s results. “We’re seeing China dominating headlines and concern the consumer is not all in right now,” Bill Schultz, as chief investment officer at McQueen, Ball & Associates in Bethlehem, Pennsylvania, told Bloomberg. “Until this economic environment and earnings stabilise, we’re going to continue to see the back-and-forth in stocks.”...

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