Home Depot shares gain while investors weigh housing concerns
Home Depot stock climbed 4.7% to $339.61 Wednesday afternoon. Wolfe Research dropped its bullish outlook, but the home-improvement retailer still traded up, hitting a session high of $342.11. Home Depot helped lift the Dow Jones Industrial Average, ranking among its top movers. According to MarketWatch, which cited Dow Jones and FactSet, Home Depot and Sherwin-Williams together made up about a third of the Dow's 483-point jump earlier in the session.