U.S. Stocks Pare Early Losses as Home Depot Leads Retailer Gains

U.S. stocks trimmed early losses as Home Depot Inc. (HD) led a rally in retailers after reporting better- than-estimated earnings.

The Standard & Poor’s 500 Index was down 0.1 percent at 1,378.23 at 9:51 a.m. in New York after losing as much as 0.6 percent. The Dow Jones Industrial Average was 4 points, or less than 0.1 percent, lower at 12,811.09 after tumbling 67 points. Home Depot jumped 4.8 percent for its biggest gain since August.

To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.