U.S. stocks fall on Home Depot results, caution on inflation

11:41 am ET Nov 14, 2006

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U.S. stocks fall on Home Depot results, caution on inflation

NEW YORK
U.S. stocks fell Tuesday as investors weighed Wal-Mart's
better-than-expected results against Home Depot's disappointing
earnings, while a tame producer-price report still had investors looking
ahead to consumer-price data they hope will confirm signs of an easing
inflationary trend. .
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Economic Report: Producer prices fall 1.6% in October

WASHINGTON
Inflationary pressures eased in October as wholesale energy prices and
prices for light trucks dropped.
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Wal-Mart's quarterly profit up 11%; forecast is trimmed

CHICAGO
Wal-Mart Stores Inc. turned in an 11% earnings increase in reporting
third-quarter financial results Tuesday but the world's largest retailer
also lowered slightly its forecast for the full year.
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Home Depot's quarterly profit slips 3%; shares open lower

NEW YORK
Home Depot Inc. on Tuesday reported a 3% decline in third-quarter
profit, as sales proved lackluster and the U.S. home-improvement market
"slowed significantly."