Stocks On Wall Street Attempt to Rebound from Six-Day Malaise

Barry Adams
19 Nov, 2025
New York City

Stock market indexes on Wall Street attempted to rebound, and investors awaited the release of Nvidia's quarterly results. 

The S&P 500 index increased 0.3%, and the tech-heavy Nasdaq Composite advanced 0.4% ahead of key earnings later in the day.

Nvidia Corp., the AI chip company at the center of the seven-month market rally, is widely anticipated to beat earnings and revenue estimates. 

But investors are holding the company with the largest stock market value to a higher standard and are looking forward to a strong sales forecast for the current quarter. 

Stock has come under pressure in the last two weeks, as investors are worried that the AI chip maker's torrid growth over the last three years is not sustainable.  

Lowe's Companies and TJX Companies are scheduled to release their quarterly results after the market close. 

Target Corp. said sales and earnings declined in the third quarter after fewer customers visited stores and spent less.

 

U.S. Stock Movers 

Home Depot plunged 6% to $336.48 after the home improvement retailer lowered its same-store sales outlook and muted third-quarter results. 

Revenue increased 1.1% to $41.4 billion from $40.2 billion, net income inched lower 1.3% to $3.60 billion from $3.64 billion, and diluted earnings per share fell to $3.62 from $3.67 a year ago. 

Comparable sales increased 0.2% from a decline of 1.3%, comparable customer transactions declined to 1.6% from 0.6%, and the average ticket advanced 2% to $90.39 from $88.65 a year ago, respectively.  

The do-it-yourself store retailer acknowledged the ongoing consumer uncertainty, the weakening housing market, and the expected post-storm seasonal renovation demand that failed to materialize. 

Home Depot estimated total fiscal 2025 sales to increase 3.0%, including $2.0 billion in sales from the recent acquisition of GMS, and comparable sales growth to be "slightly positive" in the comparable 52-week period. 

The company forecast diluted earnings per share to decrease 6% from $14.91 in the fiscal year 2024. 

Onsemi increased 3.3% to $47.04 after the company's board authorized a new three-year stock repurchase program of $6 billion starting January 1, 2026.

The current stock buyback program, which is scheduled to end at the end of 2025, has acquired about $2.1 billion of stock, using 100% of the company's free cash flow in 2025. 

Earlier in the month, the company said revenue decreased to $1.6 billion from $1.8 billion, net income fell to $255 million from $410.7 million, and diluted earnings per share decreased to 63 cents from 93 cents a year ago. 

Dolby Laboratories edged up 0.6% to $64.96 after the audio and imaging company's fiscal first-quarter outlook fell short of market expectations. 

Revenue in the fiscal fourth quarter ending in September increased to $307 million from $305 million, net attributable income plunged to $49.3 million from $58.6 million, and diluted earnings per share dropped to 51 cents from 61 cents a year ago. 

Target Corp. decreased 2.5% to $86.60 after the company reported a decline in sales and earnings in the fiscal third quarter ending in September. 

Revenue fell 1.5% to $25.3 billion from $25.7 billion, net income dropped 19.3% to $689 million from $854 million, and diluted earnings per share edged up to $1.14 from $1.12 a year ago. 

For the fourth quarter, the company reiterated its estimate of "low-single-digit decline in sales," and the full-year diluted earnings per share estimate was revised lower to between $7.70 and $8.70.