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Dow Jones futures waiting on Home Depot Q2 earnings at 10am GMT
Very shortly, at 10am GMT we will get the Q2 earnings report from one the largest US retail outfits. That is Home Depot and this company is a Dow Jones bellwether stock when it comes to the broader market and retail operating space. Home Depot is ranked number 4 in the Dow Jones by market weight, so its earnings report and any subsequent pre-market price action in the stock can have a significant impact on the index. The markets are expecting Q2 earnings of around $43 billion and an EPS of $4.50. Anything markedly outside of that and we could see a decent move in the Dow Jones futures as a result. The Dow futures are currently pricing the opening at around 39,460
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