CNBC business news update. Major averages all in the red this afternoon. I'm Jessica Edinger.Bond yields are higher. Oil is higher. No end in sight for the US Iran war.The Dow off its earlier low. It is only down 78 points, being led lower by shares of Caterpillar, which are down almost 5%. The S&P 500 index down 40 points.That's a half percent. The NASDAQ down 291 points, 1% chipmaker shares lower this afternoon. >> It is very much a yields story backing up really everywhere.Uh here, Germany, uh Japan, as ...

So earnings came in at $4.92% a share. That [music] was much better than the $4.73% that the street had expected. Revenue came in at 47.86% billion and that was also above expectations.You can see right now that the stock is up by about 2.7%. So the gains that we saw in the Dow immediately because of what happened with Home Depot here. Total comparable store sales were up by 1.7% during the quarter.That was compared to estimates of up just 0.9%. The company said it also saw broad-based demand across the bus ...

The housing market, obviously in a bit of a tough place at the moment. How is Home Depot navigating that. Hi.Thanks for having me. Yes. As you mentioned, the second quarter results came in better than expected.It sounds like that DIY consumer is holding in a little bit better than expected. Pros are still spending. Guidance was reaffirmed.I think that's all positive. I will say though, looking at that reaffirmed guidance, it looks like there's a lot of uncertainty heading into the back half because it sort ...

Home Depot's results beat estimates in the latest quarter, a sign that spending on improvement projects is holding up despite high borrowing and housing costs https://t.co/QjxdRQvluf ...