NYSEARCA:XLY - NYSE Arca - US81369Y4070 - ETF - Currency: USD
Wall Street stumbled midday Friday, shaken by a fresh wave of trade war fears after President Donald Trump proposed aggressive new tariffs on Apple Inc. (NASDAQ:AAPL)
Home Depot’s pledge to keep prices steady and its forecast for the fiscal year 2025 assume the tariff truce between the U.S. and China will hold.
The two companies dominate the home improvement retail space, a category where consumer spending typically rises during periods of strong economic confidence.