New York, Jan 24, 2026, 11:00 (EST) — Market closed.
Shares of Home Depot closed Friday around $383.77, up roughly 0.7%, swinging between $379.40 and $384.35 during the session. About 3.1 million shares changed hands.
U.S. markets are shut for the weekend, putting the spotlight on the Federal Reserve’s two-day meeting ending Jan. 28 as the next key moment for rate-sensitive consumer stocks. The Fed will release its statement at 2:00 p.m. ET, with Chair Jerome Powell speaking at 2:30 p.m. ET.
Markets widely anticipate the Fed will hold the fed funds target range steady—the key rate that shapes borrowing costs throughout the economy. “We expect the FOMC to keep rates unchanged at the January meeting,” said Nomura economists led by Aichi Amemiya. CIBC’s Andrew Grantham added the Fed is likely to “establish a higher bar for future rate cuts.” Investopedia
Home Depot surged ahead Friday, standing out on a quiet day for the broader market as the S&P 500 barely moved and the Dow dropped roughly 0.6%. Lowe’s, a key rival, also gained around 0.7%.
U.S. regulators announced that Thrasio is recalling roughly 1.5 million Angry Orange enzyme stain removers because of potential bacterial contamination. These products were available at major outlets like Home Depot. According to the recall notice, no injuries or incidents have been reported so far.
The shares dipped roughly 0.9% on Thursday ahead of Friday’s rebound, keeping the stock vulnerable to shifts in rates and consumer spending cues.
Data next week could shift rate forecasts, starting with durable goods orders on Monday, followed by consumer confidence Tuesday, and producer prices Friday. Durable goods measure sales of long-lasting items, while the producer price index (PPI) reflects wholesale inflation trends.
Home Depot investors will be watching closely for the next big catalyst: earnings. The retailer is set to release its fourth-quarter results on Feb. 24 at 9:00 a.m. ET.
Traders are watching closely for signs that demand might be leveling off after a volatile period in home-related spending. Comparable sales — those at stores open for at least a year — usually carry the most weight in this discussion.
Near-term risks point the other way. If the Fed leans hawkish or inflation data drives Treasury yields up, housing affordability—and the “big project” budget—will likely feel the squeeze.
The first major event this week lands Wednesday, Jan. 28, when the Fed announces its decision and Powell faces questions. After that, Home Depot’s next key date isn’t until Feb. 24.
