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Stock impact report

What the stock market is saying about the housing market [Yahoo! Finance]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
You might drive around a neighborhood to check out the houses, the people who live there, and the condition of roads and schools. Sometimes, you get signals from the stock market that make you a more informed buyer or seller. The stock market offered a downer of a signal on Feb. 25 to the housing market, thanks to weak earnings guidance from Lowe's Companies, one of the biggest home-improvement retailers. Lowe's sells wood, appliances, tools, cement, and flowers and plants across the country. A key customer segment is builders. Another is contractors doing renovations. A third is homeowners embarking on various projects around the home. Like most retailers dealing with construction and home improvement, Lowe's knows that the housing market since the end of the Covid pandemic has struggled for several reasons. Job growth in many part of the country is slowing. Prices are high in many markets, especially on the East and West Coasts. And there are a lot of homeowners who re Show less Read more
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