Nasdaq Falls 100 Points; Home Depot Sales Top Views

Company Performance - Home Depot Inc. reported better-than-expected first-quarter sales results, with sales rising 9.4% year-over-year to $39.86 billion, surpassing the consensus estimate of $39.33 billion [3] - Adjusted earnings per share for Home Depot fell 3% to $3.56, missing the estimate of $3.60 [3] - Home Depot reaffirmed its forecast for total sales growth of 2.8% year-over-year, projecting sales to reach $163.98 billion, slightly below the consensus of $164.17 billion [4] - The company anticipates adjusted earnings per share will decline about 2% to $14.94, lower than the consensus estimate of $14.99 [4] Market Trends - U.S. stocks traded lower, with the Nasdaq Composite falling more than 100 points, and the Dow down 0.17% to 42,717.49, while the S&P 500 dropped 0.28% to 5,946.87 [1] - Information technology stocks dipped by 1.1% on the same day [2] - Utilities shares rose by 0.4% [1] Commodity Prices - Oil traded down 0.6% to $62.30, while gold increased by 0.4% to $3,245.80 [7] - Silver also rose by 0.4% to $32.625, while copper fell by 1% to $4.6225 [7] International Markets - European shares were higher, with the eurozone's STOXX 600 gaining 0.8% and Spain's IBEX 35 Index rising 1.7% [8] - Asian markets closed mostly higher, with Japan's Nikkei gaining 0.08% and Hong Kong's Hang Seng Index gaining 1.49% [9]