Dow Jones News: Home Depot Disappoints; Boeing 737 Max Won't Return Until 2020
The stock market was mixed on Wednesday at 12:20 p.m. EST, with the Dow Jones Industrial Average (DJINDICES: ^DJI) lagging the other major indices. The Dow was down 0.2% at that time as the market prepared for an announcement from the U.S. Federal Reserve in the afternoon.
Dragging down the Dow were blue chip stocks Home Depot (NYSE: HD) and Boeing (NYSE: BA). Home Depot provided guidance for 2020 that fell short of expectations, while Boeing was hit by comments from the FAA administrator that suggest the 737 Max won't be recertified until sometime in 2020.
Shares of home improvement retailer Home Depot were down 2.1% after the company provided preliminary guidance for fiscal 2020. Analysts were expecting a bit more than what Home Depot was able to deliver.
Source Fool.com
