Dow earnings reporters at slight drag on prices, as Walmart's stock selloff offsets Home Depot's gain

The Dow Jones Industrial Average's /zigman2/quotes/210598065/realtime DJIA +0.95% earnings reporters on Tuesday provided a net drag on the Dow's price, as the selloff in Walmart Inc.'s stock /zigman2/quotes/207374728/composite WMT +0.88% outweighed the gain in Home Depot Inc. /zigman2/quotes/208081807/composite HD -0.18% . Walmart's stock sank 7.2% to pace the Dow's premarket decliners, after the discount retail behemoth missed profit expectations. The implied stock price decline would shave about 70 points off the Dow's price. Meanwhile, Home Depot's stock rallied 3.1% to pace the Dow's early gainers, after the home improvement retailer beat profit and sales expectations and raised its full-year outlook. The implied price gain for the stock would add about 61 points to the Dow. The net decline from the two earnings reporters barely registered, however, as Dow futures /zigman2/quotes/210407078/delayed YM00 +1.03% surged 396 points, or 1.2%.

/zigman2/quotes/210598065/realtime

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Dow Jones Industrial Average

US : Dow Jones Global

32,166.23

+304.25 +0.95%

Volume: 0.00

March 20, 2023 3:02p

/zigman2/quotes/207374728/composite

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Walmart Inc.

US : U.S.: NYSE

$ 140.62

+1.22 +0.88%

Volume: 6.38M

March 20, 2023 3:02p

P/E Ratio

32.87

Dividend Yield

1.62%

Market Cap

$375.93 billion

Rev. per Employee

$291,090

/zigman2/quotes/208081807/composite

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Home Depot Inc.

US : U.S.: NYSE

$ 287.88

-0.51 -0.18%

Volume: 1.93M

March 20, 2023 3:02p

P/E Ratio

17.24

Dividend Yield

2.91%

Market Cap

$292.70 billion

Rev. per Employee

$333,764

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E-Mini Dow Continuous Contract

US : U.S.: CBOT

$ 32,400.00

+329.00 +1.03%

Volume: 199,045

March 20, 2023 1:52p