New York, Feb 7, 2026, 11:36 EST — The market is shut for the day.
Shares of Home Depot (HD.N) finished Friday at $385.15, up roughly 0.7%. The stock moved in a range from $379.10 to $386.37 during the session. Yahoo Finance
Home Depot’s actions might not be the market’s catalyst. Investors are eyeing Wednesday for the postponed U.S. jobs report, with the all-important Consumer Price Index landing Friday. Both reports slipped on the calendar after a short government shutdown, according to a Reuters Week Ahead column. Reuters
Housing-related stocks react fast to shifting rate expectations, especially when jobs or inflation numbers catch markets off guard. This week, Federal Reserve Vice Chair Philip Jefferson described his outlook as “cautious” and made it clear the Fed isn’t ready to move yet, keeping the policy rate at 3.50%-3.75%. He emphasized decisions would depend on incoming data. Reuters
Home Depot steps up after Friday’s broad rally sent the Dow surging past 50,000 for the first time. Chuck Carlson, CEO of Horizon Investment Services, flagged signs the market is “broadening” — moving outside of the usual tech-and-AI names. Reuters
One date on investors’ calendars: Feb. 24. That’s when Home Depot releases its fourth-quarter numbers. Traders are set to dig into comparable sales—the key stat tracking demand at stores open more than a year—and will be watching closely for any momentum in large-scale remodel jobs. Home Depot Investor Relations
Back in December, Home Depot made its last major reset, laying out new targets during its investor day. The retailer projected same-store sales growth for fiscal 2026 somewhere between flat and 2%, and adjusted earnings per share could end up flat or rise as much as 4%. CFO Richard McPhail cautioned that the company still hadn’t spotted a clear “catalyst” or “inflection” in the housing market. TD Cowen analysts summed up the guidance as “a reasonable starting point.” Reuters
Lowe’s (LOW) finished Friday up 1.27% at $278.38, showing home-improvement stocks can still track broader market moves even when there’s little in the way of company headlines. MarketWatch
Yet the risks aren’t hard to spot. Should borrowing costs remain elevated and homeowners hold off on major renovations, demand could easily fizzle. Home Depot has already flagged “consumer uncertainty” and “continued pressure in housing” as drags on home-improvement spending. Reuters
Wall Street’s back in action Monday. The next notable trigger for Home Depot shares: its Feb. 24 earnings report. zacks.com
