Market Wrap: U.S. Cash Markets Remain Shut on Sunday

Earnings from Home Depot, Target, Lowe's, TJX, Walmart and Deere will put U.S. consumer strength to the test on this week's results calendar. The updates come after U.S. retail sales dropped 0.6% in July, missing forecasts for a 0.1% increase. Core sales impacting GDP declined by 0.4%.

Home Depot stock pops on Trump’s $200 billion mortgage-bond order — what Wall Street watches next

Home Depot stock pops on Trump’s $200 billion mortgage-bond order — what Wall Street watches next

Home Depot shares closed up 4.2% on Friday at $374.64 on about 7.1 million shares, after trading between $360.58 and $375.43, as investors bought housing-sensitive stocks following President Donald Trump’s order for $200 billion in mortgage-bond purchases. Redfin’s head of economics research, Chen Zhao, said the program would have a “fairly small impact” and might lower rates by 10 to 15 basis points — 0.10 to 0.15 percentage point.