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Stock Market Today: Nu Holdings Slides 4.5% While Broader Market Gains
The Motley Fool· 2025-07-10 21:30
Core Points - Nu Holdings' shares fell 4.5% to close at $13.03 on July 10, with a trading volume of approximately 107.8 million shares, which is about 79% above its 50-day average volume of 60.1 million shares [1] - The decline occurred despite broader market gains, with the S&P 500 up 0.27% and the Dow Jones Industrial Average up 0.43%, while competitor SoFi Technologies rose 3.7% [2] - Nu Holdings remains above its 50-day ($12.64) and 200-day ($12.49) moving averages, with a year-to-date gain of approximately 25.8%, indicating a longer-term upward trend [3] - The decline may be attributed to multiple factors, including potential growth slowdown, inflation concerns, and rising interest rates in Latin America, with increased trading volume suggesting institutional repositioning or profit-taking [3]
Will Rising Rates Keep Hammering Home Depot's Core Market Sales?
ZACKS· 2025-07-03 13:31
Key Takeaways HD's Q1 FY25 sales rose 9.4% to $39.9B, but large remodeling demand stayed soft amid high interest rates. Big-ticket transactions of more than $1,000 rose just 0.3% as customers avoided financed renovations. HD sees a $50B deferred demand opportunity, but rate pressure continues to delay project recovery.Higher interest rates continue to weigh on The Home Depot Inc.’s (HD) core market of big-ticket remodeling business. These bigger renovations typically require financing and persistently hig ...