Home Depot Shares Plummet Post-Trump
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housing marketThe Motley Fool
•Home Depot stock slides as investors react to Trump's election victory
74% Informative
Shares of Home Depot (NYSE: HD) were pulling back today even though there was no company-specific news out on the stock.
Instead, investors in the home improvement retailer were reacting to Donald Trump's victory.
While stocks were up broadly, the real estate sector was down as Treasury yields jumped.
The biggest factor for driving a housing recovery is bringing down mortgage rates.
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