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Dow Jones futures take a hit following Home Depot Q2 results

The Q2 results from the leading Dow Jones component, Home Depot have now been released and they have beaten on EPS, whilst exactly matching market forecasts for earnings. So, on the face of it this is a decent reports right? Well, not actually because Home Depot have lowered their outlook for the future and it is that which has dented the Dow Jones futures immediately. The risk of a reaction in the Dow to any surprise from this company was flagged a little earlier this this negative outlook has certainly had an impact. The index was priced to reopens at, or above 39,450 prior to the release. It is now at risk of opening lower later this afternoon. The low on that was at around 39,325. It is currently at around 39,365 

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