Home Depot Earnings Miss, Medtronic Stock Rises

Here’s ⁢a summary of the key takeaways from the provided text:

*⁢ Market Downturn: ⁣ Major U.S. equity indexes (S&P 500, Dow, and nasdaq) all dropped for the second consecutive day, anticipating upcoming earnings reports and jobs data release.
* Home Depot Struggles: ​ Home Depot (HD) stock fell significantly (6%) after missing earnings forecasts. This is attributed to ‌a lack of storms and homeowners delaying remodeling‍ projects due to​ economic uncertainty. They also lowered their full-year ⁤profit forecast.
* Medical Device ⁤Company‌ Success: A​ medical device ⁤company saw ‍its⁤ stock rise ​due to strong demand and‍ procedure volumes,​ leading ⁣to a positive earnings report.
* AI Sector Concerns: ⁢ ‍High valuations in the artificial ⁣intelligence⁣ space⁢ caused concern,leading to declines in shares of Western Digital (WDC) and Micron Technology (MU).
* ⁣ Amazon & Microsoft: The text mentions Amazon (AMZN) and Microsoft (MSFT)​ shares, ⁣but doesn’t provide ⁣specific ​details about their performance.