U.S. stocks moved lower Tuesday, after the three major indices closed at record highs on Monday. Home Depot (HD) reported second quarter earnings of $1.97 a share, matching estimates. Revenue of $26.5 billion also met Wall Street's expectations. U.S. comparable store sales rose 5.4 percent year-over-year, beating forecasts of 5.2 percent. BHP Billiton (BHP) shares rose, despite posting its worst ever annual loss of $6.4 billion for the year ending in June, down from a profit of $1.91 billion in the prior year. The Australia-based company was hit by low energy prices and a deadly mine disaster. Walmart (WMT) shares were in focus after Warren Buffett's Berkshire Hathaway (BRK.A) lowered its stake in the company to 40.2 million shares from 55.2 million, as of June 30. The investment firm also raised its stake in Apple (AAPL) . TheStreet's Scott Gamm reports from Wall Street.
More from Video
One Tweet Pulls the Rug Out From Under the Indexes
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
A Technical Look at the New Dow Jones Industrial Average
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.