BUZZ-U.S. Stocks on the Move-Salix Pharma, American Woodmark, China HGS
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks advanced on Tuesday after solid earnings from Home Depot helped lift retailers' shares and Apple touched $100 for the first time since its stock split this summer. Data on housing and inflation gave the market more support. The Dow Jones industrial average was up 0.52 percent at 16,925.79, the S&P 500 was up 0.51 percent at 1,981.84 and the Nasdaq Composite was up 0.36 percent at 4,524.50.
** HOME DEPOT INC, $88.61, +6.01 pct
** LOWE'S COS INC, $51.89, +2.85 pct
Home Depot, the world's largest home improvement chain, said it expected same-store sales to grow faster in the second half of the year as customers renovate homes with big-ticket purchases such as wood and laminate flooring in a recovering U.S. housing market.
Shares in rival Lowe's, scheduled to report its quarterly results on Wednesday, also rose.
For a graphic on Home Depot vs. Lowe's, here
** APPLE INC, $100.46, +1.31 pct Continued...